U.S. Auto Industry Proposes Vehicle Fee to Replace Gas Tax
The US auto industry proposes replacing the federal gas tax with a vehicle fee based on weight to fund the Highway Trust Fund, as electric vehicle sales increase and gas tax revenues decline. The proposed fee would ensure every vehicle contributes to maintaining America's transportation network, regardless of how it's powered or fueled.
The US auto industry suggests replacing the federal gas tax with a weight-based vehicle fee. This is due to the growing number of electric vehicles, which don't pay gas tax, reducing revenues for the Highway Trust Fund. The fund pays for America's roads and is facing bankruptcy. The proposed fee would ensure all vehicles contribute to road maintenance. Electric vehicles now account for 2.5% of total light-duty vehicles in the US. The auto industry trade association proposes this change to guarantee every vehicle on the road contributes to the upkeep of America's roads and bridges.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.