States are quickly learning that promoting electric cars is coming with a high price tag.

Colorado has joined a growing number of states that are imposing fees on electric and alternative vehicles to recover “lost” gas tax revenues.

As of this year, Coloradans driving electric, alternative fuel and high-efficiency vehicles will pay a $50 registration fee to capture more revenue from vehicles that use less traditional gasoline. This is part of a growing trend by which states are looking to recoup declining gas tax revenues as vehicles become more fuel efficient and drivers buy more electric vehicles.

Read Article

FAIR OR UNFAIR? Colorado Joins List Of States Piling Fees On EV Cars

About the Author