Colorado’s electric vehicle tax credit is now worth $5,000
Colorado’s electric vehicle tax credit is now worth $5,000
Saturday, July 1, 2023
It’s official: Colorado has the country’s most generous electric vehicle tax credit available to all residents.
On July 1, the state’s incentive jumps from $2,000 to $5,000 for any electric vehicle with a starting price of less than $80,000. Data from the U.S. Department of Energy show that’s larger than any state-level discount on battery-powered cars.
Read more here
