Colorado could soon compete with California for maximum incentives offered on electric vehicle purchases. A new report indicates that the state would offer its residents up to $26,500 in rebates for new EVs, and up to $11,000 for used ones.
Governor Jared Polis’ administration aims to add nearly one million light-duty EVs on Colorado’s streets by the end of the decade, a significant increase from the current 86,000 odd EVs plying on its roads, reportedTo meet this ambitious target, buyers would need to begin adopting zero-emissions vehicles in the coming years, something the government plans to encourage with generous rebates.Some of those rebates include a $5,000 state incentive for vehicles purchased or leased after July 1, 2023.
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Source: MarketWatch - 🏆 3. / 97 Read more »