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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

Great news for drivers looking to purchase an electric vehicle in Colorado! On May 11, 2023, Colorado Governor Jared Polis signed House Bill 23-1272 into law. In addition, starting January 1, 2024, new electric vehicles priced under $35,000 MSRP will be eligible for an additional $2,500 state tax credit. 4 , and more.

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A Guide to Colorado EV Incentives for Business Owners

EV Connect

Federal tax credits for electric vehicles have been extended through 2021, and the Clean Energy for America Act would extend those credits even further. Additionally, the tax credit would only expire once 50% of new cars sold in the US are EVs.

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GM resumes sales, cuts price of Chevy Blazer EV after software issue – ET Auto

Baua Electric

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. General Motors said on Friday it is resuming sales and cutting the price of its Chevrolet Blazer EV after software quality issues prompted the largest U.S.

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Rivian (RIVN) adds R1S SUV to lease program and expands to additional states

Baua Electric

Source: Rivian.com Rivian Quad Motor R1S SUVs now available for lease Per Rivian, consumers in the following states are now eligible for the R1S lease program, which pertains to pre-configured Quad-Motor AWD and Large Pack variations, starting at $1,169/month. That brings the total to 16 states in all.

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Electric Vehicle Spotlight: Financing a Ford F-150 Lightning

EV Life

There are a variety of programs, grants, and tax credits available to encourage drivers to make the switch to electric vehicles. Here are a few incentives available that can help you save even more on your Ford F-150 Lightning: Federal Tax Credit. Colorado Electric Vehicle Tax Credit.

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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

General Motors was one of the original pioneers of electric cars, introducing the EV1 in 1996 and the game-changing Volt in 2010. Both come with a 200-hp electric motor, provide an EPA-estimated 247 miles in range, and are available in front-wheel drive only. Federal, State, and Local EV Incentives Federal Tax Credit.

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Putting the “Utility” in Sport Utility Vehicle: Which Electric SUVs Perform Best Off-Road?

EV Life

These standards are important because they dictate the MSRP limit the vehicle must meet in order to qualify for the federal EV tax credit, which can make or break sales numbers. If a vehicle qualifies as a car, the MSRP limit is $55,000 to be eligible for the tax credit. sec 7,400 lb-ft 250 miles Hummer EV2X 625 hp 4.5

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