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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

January 1, 2024: Vehicles priced under $35,000 MSRP, like the Chevrolet Bolt EV and Bolt EUV , Chevrolet Equinox EV, Hyundai Kona Electric , Nissan Leaf , and more, qualify for an additional $2,500 tax credit. This includes best-selling popular EVs like Tesla Model Y , Tesla Model 3 , Ford Mustang Mach-E , Volkswagen ID.4 4 , and more.