The 12% federal excise tax (FET) on new heavy-duty trucks has lots of detractors who think the 103-year-old levy has long outlived its original purpose. That was to defray the costs of America fighting in World War I.
Brett Pope may or may not be for getting rid of the tax. He won’t say. But the director of electric vehicles at Volvo Trucks North America thinks waiving the tax on purchases of the VNR Electric regional hauler would help bring it closer to price parity with diesel models of the...
https://s29755.pcdn.co/news/8-questions-with-volvo-trucks-electric-vehicles-director-brett-pope
