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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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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. Instead of prohibiting gas car sales, the state says it hopes to direct consumers toward some of its grants and other programs making EVs easier to access.

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

EV Life

Colorado is one of the newest states looking to accelerate widespread EV adoption through aggressive financial incentives, introducing an electric vehicle tax credit for its residents in 2023. Effective July 1st, 2023, Colorado drivers purchasing new electric vehicles under $80,000 MSRP now qualify for a $5,000 EV tax credit.

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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Where is Blink Charging a Verified State Vendor?

Blink Charging

We have been certified as EVSE vendors and designated as official suppliers for governments and related agencies in the following states: Colorado The State of Colorado awarded Blink Contract 176608 for the purchase of electric vehicle charging stations by the state government from 2022 to 2024.

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How to Take Advantage of EV Charging Incentives for Fleets

Blink Charging

You can find incentives such as: Tax credits – These incentives lessen the amount of taxes that must be paid to the government for specific purchases. Grants – Lump sums of money for specific purposes that you do not have to repay. Grant award amounts vary and may cover up to 100% of the incremental AFV cost.

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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. Clean Cars 4 All.

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