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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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Tesla’s cheapest Model 3 with the 2024 tax credit might surprise you

Teslarati

Treasury’s updated guidance on the federal electric vehicle (EV) tax credit has officially taken effect. The Tesla Model 3 Long Range (LR) and Rear-Wheel-Drive (RWD) configurations are no longer eligible for the $7,500 tax credit as of January 1. However, sightings of the Model 3 Highland in the U.S.

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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. GM said it would cut the price of the Blazer by about USD 5,600 to USD 6,500 based on the trim level. Treasury on Jan. 1 made many EVs ineligible.

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How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

With climate change awareness increasing, gas prices continuing to climb, EV charging stations expanding, and tons of new EV options hitting the market each year, it’s no surprise that electric vehicle purchases are skyrocketing. Which Tesla Vehicles Qualify for Colorado’s $5,000 Tax Credit? So act fast for maximum savings!

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

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Walmart just funded 15 community solar projects across the US

Baua Electric

Walmart’s strategic tax equity investment will drive the construction, operation, and maintenance of solar projects across five states – Illinois, Colorado, Maryland, Delaware, and California. In Colorado, 41 MW of those projects will serve low and moderate-income homes. ad* FTC: We use income earning auto affiliate links.

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

Baua Electric

FTC: We use income earning auto affiliate links. The post Rivian (RIVN) adds R1S SUV to lease program and expands to additional states appeared first on Bauaelectric Auto News. Current delivery windows for an R1S lease are 1-2 weeks. You can explore Rivian’s R1S lease inventory here.

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