Arizona Free Enterprise Club released a new report criticizing the Maricopa Association of Governments (MAG) proposed plan for the Prop. 400 half-cent tax.
The Prop. 400 half-cent tax, which started in 1985 to pay for public transit and then light rail in Maricopa County, faces strong opposition every time it comes up for renewal.
The report said the MAG’s proposal fails to consider the permanent transformation of society due to COVID-19, which significantly reduced the number of workers using public transit as people shifted to working from home and remained there.
In a bid to make electric vehicle (EV) prices more affordable, carmakers are switching to iron-based batteries that are weaker and more reliant on Chinese supply chains, The Wall Street Journal reported Tuesday.
Transitioning to lithium-iron-phosphate (LFP) battery cells ultimately reduces the effective range of electric vehicles compared to more advanced cobalt and nickel-based cells, according to the WSJ. LFP cells, which are roughly 30% cheaper than their more effective counterparts, are more reliant on Chinese supplies, limiting carmakers’ ability to access tax breaks and other subsidies offered under the Inflation Reduction Act.
The next time you’re in traffic, stop and look at the cars surrounding you. If on a city street, also look at the cars passing you as they go in the opposite direction. In a sense it’s fascinating.
Doing this the other day on the Key Bridge (it connects Washington, D.C. and Arlington, VA), the variety of cars was really something. Mostly foreign cars. Lots of Mercedes and BMWs, numerous Toyota, Honda and Nissan vehicles, and somewhat surprisingly, countless Kia and Hyundai models. About the surprise expressed, it’s remarkable how quickly the twin Korean brands have built enormous market share in the world’s greatest car market.
Buying a used car in the Midwest got a little more affordable in May over the previous month.
The good news is that year-over-year price increases in used vehicles in May dropped seven percentage points from the year-over-year April price increases, from April’s 23.9% to May’s 16.9%. The bad news is a used car and truck in May 2022 still cost 16.9% more than a comparable used vehicle cost in May 2021.
The theft of catalytic converters has become a big problem in Arizona, and State Rep. Diego Espinoza (D-Tolleson) is sponsoring legislation to expand the law against it. Current law only prohibits buying or selling a used catalytic converter outside of regular transactions; HB 2652 goes beyond that to make it illegal to possess, solicit, or advertise a used catalytic converter outside of regular transactions. It would also mandate reporting sales to DPS and tracking.
HB 2652 looks very likely to pass, as 49 members of the House voted for it and only 10 Republicans voted against it. It passed the Senate Committee on Transportation and Technology 9-0, and is now headed for the Senate Rules Committee.
After gradually reducing requirements for automobiles to pass a mechanic’s inspection before obtaining a registration, a bill in the Missouri state legislature would eventually end the program.
Currently, motor vehicles with more than 150,000 miles and 10 years from their manufacturing model year must pass a biennial safety inspection. House Bill 2499, sponsored by Rep. J. Eggleston, R-Maysville, changes the law to exempt motor vehicles with less than 150,000 miles and manufactured after Jan. 1, 2012.
During testimony on Wednesday before the House Downsizing State Government Committee, Eggleston said legislators in 2019 considered eliminating the inspection program but compromised instead and loosened requirements.