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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.

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

EV Life

In an effort to incentivize drivers to make the switch to electric, federal, state, and local governments have created a variety of programs aimed at helping consumers save money on their EV purchases. This is great news for Tesla fans, as many Tesla models qualify for the credit. And the federal tax credit just got even easier to use.

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Colorado approves goal to make 82% of car sales electric by 2032

Teslarati

Colorado has voted to approve a new standard on the adoption of electric vehicles (EVs), with an additional goal set for 2032 and new guidance for increasing EV sales beginning in 2027. The Community Accelerated Mobility Program, which provides grants to support community-led electric mobility projects. Tesla wants the U.S.

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10.5% Of New Vehicle Sales Now Electric Vehicle Sales In Colorado

CleanTechnica EVs

Last year, Colorado saw its EV uptake pass the symbolically important 10% marker. of new vehicle sales in Colorado were electric vehicle sales in 2022. That’s a great result in the USA, which as a whole is closer to 6% or 7% of new vehicle sales being electric. Colorado got to […] In the end, 10.5%

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$1,000 Illinois fee? State fees, credits can make or break EV sales

Green Car Reports

Among states, incentives for electric cars vary wildly—from Colorado, which offers a $5,000 tax credit for EV buyers, to Illinois, where the legislature just proposed a $1,000 annual registration fee for electric cars. For example.

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Colorado simplifies electric-car incentive, but axes used models

Green Car Reports

Last week, the Colorado State Legislature passed a bill that would simplify the state's electric car incentives. However, it would remove the eligibility of used cars that could qualify for the same 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. Chevrolet has continued that trend in the last few years—emerging as a major leader in the electric vehicle industry. Federal, State, and Local EV Incentives Federal Tax Credit.