Historically, motor fuel taxes have been a significant source of revenue, with most of the receipts committed to road construction and maintenance. Today, governments are aggressively promoting the development and purchase of electric vehicles (EVs). As the number of EVs on the road increases, motor fuel tax receipts have started to dwindle. Over the next … Continued
This is a well-known proverb, meaning that one of the primary driving forces behind most new inventions is need. Today, much of the world is focused on efforts to combat climate change, largely by reducing dependence on fossil fuels, increasing the use of reusable energy sources, and converting motor vehicles from internal combustion engines (ICE) … Continued
It is becoming increasingly apparent that governments, throughout the world, are in the process of mandating electric vehicles (EVs), whether or not consumers want them. Auto maker strategies vary widely. Looking at the two largest domestic manufacturers, GM and Ford, it is clear that they are focusing on strategies that build on their strengths to … Continued
It is clear that governments around the world are seriously committed to the electrification of motor vehicles. What is less certain, is the extent of consumer acceptance of electric vehicles (EVs). Currently, EVs account for a small single digit percentage of world-wide light vehicle sales. While most EV manufacturers are able to sell all they … Continued
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