Kentucky Electric Cars Now Pay Two Taxes Where Gas Cars Only Pay One
Kentucky has gone beyond most other states and is now implementing two new taxes on electric vehicles at the same time, while keeping gas taxes artificially low compared to the damage gasoline causes.
EVs will have to pay an additional $120 registration fee every year. On top of this, public EV charging stations in Kentucky now have to pay an additional 3 cents per kilowatt hour of electricity distributed, and an additional 3 cents for those chargers that are on state property.
These rates on public charging are notably higher than the roughly 11% tax that Kentucky collects on gasoline (28.7 cents, compared to a current average gas price of $2.78 per gallon in the state).
State Receives First Made-in-Oklahoma Electric Vehicles From Canoo
The State of Oklahoma received its first three made-in-Oklahoma electric vehicles from Canoo as an innovative part of the state’s ongoing fleet modernization initiative.
At a combined cost of $119,850, these three Lifestyle Delivery Vehicles (LDVs) are the first of their kind in the state fleet.
“For the first time in 17 years, vehicle manufacturing is back in Oklahoma,” said Oklahoma Gov. J. Kevin Stitt. “As we find new efficiencies within the fleet, Canoo’s new Oklahoma-made electric vehicles align perfectly with our fleet modernization goals, and I couldn’t be more excited to see them on the roads. I’m grateful for the team at OMES who are working hard to deliver taxpayers more for their money while finding ambitious new ways to improve our fleet.”
Hertz: Not Enough Teslas Are Getting Rented
The Hertz-Tesla “deal” was a big news a couple of years ago. Hertz isn’t nearly as excited as it once was. Drivers have been having problems, and Hertz said it’s backing out of the deal when execs realized that repair delays, repair costs, resale values, and other issues were eating at the bottom line.
Teslas are getting rented out, of course, but the interest is mostly coming from people who already own an EV themselves, and want to stay electric for road trips and driving out of airports.
Want to Try an EV Out Before Committing? EV Micro Leases Are Gaining Popularity
If you want to try an EV out before getting locked into a long-term contract, there’s an option for you. EV micro leases are taking off, giving shoppers added flexibility with new models launching in 2024.
Polestar is making it easier than ever for you to try out an EV before committing to a long-term contract. The Flexible Lease program allows you to end the lease after five months (and five payments) with no early termination penalty (there is a $450 disposition fee).
Polestar isn’t alone, either. AutoNation, which runs around 250 US dealerships, also recently began offering micro leases in 6- or 12-month options. Ivan Mihov, vice president of mobility, said, “The three-year lease doesn’t work for everybody.”
On-Demand Webinar: Fleet Safety Performance Review
As the new year begins, it's time to review past events and plans for the coming year with the CEI On-Demand Webinar Series’ latest topic, "Performance Reviews for Fleet Safety Programs."
Among topics to be explored:
-Tips on performing a comprehensive review of your fleet safety program
-How to develop your findings into an improvement plan for the coming year
-How to engage your organization and drivers in goal setting to further a culture of safety within your organization
Watch this webinar at anytime after registering and receive a FREE WORKBOOK GUIDE for documenting and tracking a fleet safety performance review. To view, just click this link: https://info.ceinetwork.com/fleet-safety-performance-reviews
