As EVs go mainstream, consumers will need to navigate rapidly changing standards.Tax exemptions and title-and-registration requirements are two of the biggest.RUC funding models are also new and require drivers to pay based on miles driven.

In less than a decade, the global share of new passenger EVs has increased every year by an average of 50 percent.  Fourth-quarter EV sales in 2021 jumped up 72 percent (year-over-year) in the United States alone, making it the country?s best quarter for EV sales so far. Despite EVs growing in popularity and sales continuing to climb, changes are constant at the federal and state levels, meaning consumers increasingly have questions about EV tax exemptions, rebates, and title-and-registration needs. Here are some key factors to keep in mind to help you navigate these rapidly changing standards.
What to Know: Tax Exemptions

For many individuals, tax exemptions are a huge incentive to purchase new EVs. There are currently 45 states, as well as the District of Columbia, that provide incentives to those who own EVs or plug-in hybrid electric vehicles (PHEVs). These incentives are either delivered through a specific utility company operating in the state or via state legislation. A common incentive is a price reduction, offered by utility companies, for those who charge EVs during off-peak hours (i.e., overnight). Such charging results in lower pricing per kilowatt-hour and helps reduce stress on the electric grid.

In Californi...