
Earlier this month, Texas Gov. Greg Abbott signed S.B. 505 into law, which will nearly quintuple the annual cost of registering an electric vehicle (E.V.) in the state. Is Texas punishing its eco-friendly citizens, or is there a legitimate reason to charge more?
The new law adds additional fees for motorists registering an electric vehicle. Currently, registering or renewing a Texas car tag costs between $50.75 and $54. Starting September 1, any "motor vehicle that has a gross weight of 10,000 pounds or less and uses electricity as its only source of motor power" would additionally be assessed a $200 annual registration fee. New E.V.s would require a $400 registration fee good for two years.