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DOT chief: Electric, driverless cars could dry up road funds

DOT chief: Electric, driverless cars could dry up road funds

NewsOK
By GARY D. ROBERTSON, Associated Press
Published: October 2, 2017 4:48 PM CDT
Updated: October 2, 2017 4:48 PM CDT

RALEIGH, N.C. (AP) — North Carolina's transportation chief says state officials need to locate new sources of road-building revenues as gas-powered vehicles get more fuel-efficient, electric car sales increase and autonomous vehicles aren't just fantasy anymore.

Transportation Secretary Jim Trogdon told a legislative committee Monday the state's gasoline tax could dwindle during the next decade as gas-mileage standards increase and electric vehicles become commonplace.

The state also relies on Division of Motor Vehicles fees and taxes on car sales for road construction, but Trogdon warned those could dry up in the future as driverless cars become a reality... FULL ARTICLE

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