Earlier this month, Assemblyman Phil Ting of District 19 introduced a piece of legislation that would allow Electric Vehicle (EV) and plug-in Hybrid Electric Vehicle (HEV) purchasers an exemption from state sales tax and vehicle license fee.
This financial incentive will be in effect for just a year: from January 1, 2014 to January 1, 2015, which is just about the same time that EV drivers’ privileged access on High Occupancy Vehicle (HOV) lanes will come to an end. But, if it’s any consolation, the legislation also contains a directive to allow all EVs and HEVs to park for free in state of California parking lots and facilities.
Ting strongly believes that financial incentives are the way to persuade consumers to buy an EV. He may have a point. While HOV access was really nice, not paying state sales tax or vehicle license fees seems even nicer.
Please view the press release here!