Electric Vehicles

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<p>In a bid to offset diminishing revenues from gas taxes caused by the increasing popularity of electric vehicles (EVs), Texas Governor Greg Abbott (R) has signed into law Senate Bill 505 (SB505) which raises the annual vehicle registration fee on EVs by $200 in a move to ensure that all drivers contribute fairly to the maintenance and improvement of Texas' transportation infrastructure.</p>

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<p>The world's richest man announced his electric car company will build the world's largest electric car factory in the Mexican city of Monterrey, Nuevo Leon, near the Eastern Texas border.</p>

<p>Elon Musk, Tesla's CEO, touted the new plant during an investor day meeting this week where he described the new facility as the largest of the company's manufacturing factories, which already include plants in Fremont, CA; Shanghai, China; Austin, TX; and Berlin, Germany.</p>

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