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NJ Spotlight News | Automotive leaders, environmentalists blast EV policies | Season 2024
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NJ Spotlight News | Automotive leaders, environmentalists blast EV policies | Season 2024

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New Jersey to eliminate EV sales tax exemption, adds $1,000 registration fee
The video from PBS discusses the evolving landscape of electric vehicle (EV) costs and their impact on consumer adoption. It highlights that while the initial purchase price of EVs can be higher than that of traditional gasoline vehicles, the total cost of ownership over time can be lower due to savings on fuel and maintenance. The video also touches on recent trends showing a decrease in EV prices, making them more competitive with gas-powered cars. Additionally, it addresses the influence of government incentives and subsidies that further reduce the effective cost for buyers. The discussion includes insights from industry experts and consumers, illustrating the shifting perceptions and increasing acceptance of EVs as a viable and economical choice for transportation.

Read the Full PBS Article at:
[ https://www.pbs.org/video/new-ev-costs-1720724440/ ]