New Jersey has passed a new law imposing a high road tax on electric vehicle (EV) owners to compensate for lost fuel tax revenue.
Starting in July, EV owners must pay a $250 annual fee, increasing to $290 by 2028, making it the highest in the US.
This tax adds to upfront costs, discouraging EV adoption, especially affecting the large Indian population in New Jersey, many of whom own Tesla EVs.
New Jersey is known as a state with a significant Desi population. Many Indians buy these high-end vehicles, affording to pay their EMIs. Now, this extra tax is going to add further financial burden.
Critics argue the tax is premature and excessive, suggesting a fairer tiered fee system based on EV adoption rates. They also criticize the abrupt removal of EV incentives, hurting affordability.
People are urging lawmakers to reconsider the high tax, citing its negative impact on EV adoption and the environment.
Such measures contradict the government’s goal of banning combustion vehicles by 2035 and may deter residents from choosing EVs.
