Researchers Propose Solutions To Reduction in Revenue from Gasoline Tax

Researchers from Carnegie Mellon University’s College of Engineering have found that an increased adoption of electric vehicles (EVs) would result in reduced consumption of gasoline and consequently a decrease in gasoline tax revenue that currently supports infrastructure development and maintenance in the U.S. The scientists say the loss of tax revenue could be between $200 million and $900 million by 2025, depending on the EV adoption rate.