Incentives and Fees for EV Ownership

Governance on electric vehicles

There are more incentives than ever before for both individuals and businesses that choose to own EVs. Currently, 45 states and Washington D.C. provide various EV and plug-in hybrid electric vehicle (PHEV) incentives, whether through tax credits, rebates, exemptions from emissions testing, or utility time-of-use rate reduction. On top of these state incentives, the federal government in the US also offers a $7,500 EV tax credit. However, to address lower gas tax revenues and create more equity between drivers, 28 states have also implemented special fees for registering EVs. Similarly, 14 states have special registration fees for PHEVs. Fees typically range from $50 to $200. Revenue from these additional EV and PHEV registration fees is most often used toward state transportation funds or EV-charging infrastructure. 

When it comes to heavy commercial motor vehicles (CMVs) that are electric, compliance requirements are still developing. While these heavy EVs don’t use fuel, in the US, they’re still required to have International Fuel Tax Agreement (IFTA) stickers at this time. In the states where Heavy Use Taxes (HUT) and Weight/Mile Taxes apply, heavy EVs must have their mileage tracked and submitted, just as with heavy fuel-based vehicles.  

While EV standards are regularly evolving, ACERTUS stays up-to-date with the ever-changing state and federal regulations. The title-and-registration team ensures EVs are properly titled, registered and compliant across all 50 US states, Puerto Rico and Canada, so companies can keep their inventory in motion.  

ACERTUS is the only full-scale, tech-enabled automotive logistics platform designed to move, store, recondition and title and register finished vehicles. Through a transformative combination of technology, people and experience, ACERTUS is able to deliver proven, complete, start-to-finish service that turns logistics into a competitive advantage for auto manufacturers, fleets, dealers and anyone moving vehicles. 


EV governance facts


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