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Australia invents a kilometer tax for electric vehicles

2020-11-28T15:39:41.793Z


The idea, which could teach in other countries, is to be able to compensate for the fall in tax revenues from petroleum products.


The question will arise one day or another… How will States manage to compensate, in the years to come, for the loss of tax revenue from petroleum with the rise of electric vehicles?

Two states, South Australia and Victoria have found the solution by inventing a new tax for electric vehicles and plug-in hybrids.

From now on, an electric vehicle will be taxed at 1.5 euro cents per kilometer and 1.2 euro cents for plug-in hybrid cars.

In total, the bill to pay for an electric vehicle traveling 15,000 km will therefore be 231 euros per year.

Given the number of electric vehicles in circulation in these states in Australia, this measure is however symbolic.

It should bring in less than 20 million euros per year.

Less tax revenue in perspective for states

However, the idea of ​​a tax on electric vehicles should gain ground in the coming years in all the countries which live in part on the revenue from taxes on petroleum products.

In France for example, the latter (40% of the cost of fuel at the pump) bring in more than 35 billion euros in the state coffers.

However, if we are to believe the Pluriannual Energy Programming which establishes France's energy roadmap until 2028, the objective is to reach 660,000 electric cars and 500,000 plug-in hybrid cars in circulation at end of 2023. By the end of 2028, the target increases to 3 million and 1.8 million units on the roads respectively, or nearly a third of new registrations.

Suffice to say a potential hole for tax revenues that will have to be compensated.

Especially since the switch to electric mobility will be expensive.

According to a report by the Parliamentary Office for the Evaluation of Scientific and Technological Choices (OPECST) published in March 2019, if the objective is to achieve 100% electric mobility by 2040, the bill is estimated at 500 billion euros. over 20 years, in part due to the loss of TICPE's income and the need to create recharging infrastructure or even with the current subsidy from the electric car market (bonus, exemption from TVS, etc.).

While a kilometer tax for electric vehicles can give an idea to several countries, there will be other levers for States.

Some people put forward the idea of ​​taxing the electricity used to charge cars.

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In the past in France, with the appearance of natural gas vehicles, the state announced that gas used to fill car tanks would be taxed more.

Consequently, this market remained stillborn.

Source: leparis

All business articles on 2020-11-28

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