Electric vehicles and inflation threaten Tennessee’s ability to keep its roads and bridges repaired and replaced, according to a government advisory group.
A report in Tennessee Lookout cited the Tennessee Advisory Commission on Intergovernmental Relations that said by 2040 the state would see inflation (at the current rate) cut nearly $400 million in spending power.
By 2040, the group said, with 10 percent of the state’s vehicles being electric and fuel efficiency of gasoline-powered vehicles increasing, the state’s fuel taxes contribute less to the funding of infrastructure projects.
Source: Tennessee Lookout