TN Will Triple EV Tax for Inflation, but Gas Tax Lags Inflation by ~5x
Tennessee has started the process of hiking its EV registration fee from $100 to $274 per year and beyond, aiming to continue hiking the fees in perpetuity, further increasing the disproportionately high taxes paid by EVs in the state as compared to gas cars.
Tennessee’s $100 fee was lower than that of many other states, but it still taxed EVs at a much higher rate than a similarly-efficient gas vehicle.
This year, Tennessee’s EV fee has doubled to $200 – but it’s not stopping there, with the state claiming that it will continue increasing to $274 in 2026, and then continue increasing beyond that along with inflation.
AFLA Canada Summit: Emerging Technologies Session
Register now for the AFLA Canada Summit, February 14-15 in Toronto, to get comfortable with embracing innovation and transformative ideas. Colin Singh Dhillon, President of ImaginEQ, will discuss emerging technologies in Canadian fleet.
Formerly a Chief Technical Officer representing the Canadian automotive sector, he is the creative-force behind Canada's first zero-emission concept vehicle, Project Arrow.
To get more information and/or to register, click here.
A Call to Action: Internal Branding Contributes to Fleet Sales Growth
By Ed Pierce, Fleet Management Weekly’s Brand Acceleration
Internal branding programs can profoundly affect fleet product and service providers’ sales by building a strong, recognizable brand that resonates with customers and stakeholders, increasing sales and market share.
While a general branding program is external-facing and aims to build brand awareness, perception, and loyalty among consumers or clients, an internal branding program is inward-looking. It targets the company’s employees to create a consistent brand experience that they can deliver to the external market.
Implementing an internal branding program can be transformative because it can significantly bolster sales by shaping the overall brand perception. This, in turn, directly influences customer behavior and their decision-making process.
1,000 Volkswagen ID.4 for Siemens Fleet
Volkswagen Financial Services are electrifying the fleet of Siemens AG together with the Volkswagen brand. The company's fleet will be gradually supplemented with up to 1,000 leased Volkswagen ID.4 vehicles.
Siemens has set ambitious goals for the electrification of its own fleet within the framework of its sustainability strategy. The company aims to make the entire fleet CO2-neutral and fully electric by 2030.
"The electrification of our fleet is a clear commitment to achieving our climate goals. But we also want to be a pioneer in our industry and send a clear signal for sustainable fleet management in line with our DEGREE framework," explained Stefan Kurz, Head of Global Fleet Management at Siemens.
IARA, Bobit Media Enter Long-Term Agreement for CAR Event
The leading consignors trade group and the producer of the annual Conference of Automotive Remarketing (CAR) align to bolster event offerings and better serve the remarketing industry.
The agreement between the International Automotive Remarketers Alliance (IARA) and Bobit Media, which owns and runs CAR, deepens the connection between the two organizations and reaffirms their mutual commitment to the remarketing industry.
It strengthens CAR by allowing them more time and flexibility to collaborate strategically on planning and growth.
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