Colorado consumers charge ahead with electric and hybrid vehicle purchases this year

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Nearly one in four new vehicles registered in Colorado this year are either battery-electric, hybrid-electric, or hybrid, according to data released by the Colorado Automobile Dealers Association.

DENVER, CO – FEBRUARY 08: Electric and hybrid vehicle sales are accounting for more than one in five purchases this year in Colorado. Picture here, a.Rivian field service technician Ian Voss makes adjustments underneath a Rivian R1T electric truck before handing it over to a customer at the Rivian Service Center February 08, 2023.

The Polis administration wants the state to have one million electric vehicles on the road by 2030. To help make that happen, the state provides a $5,000 tax credit, which can rise to $7,500 for qualified buyers of lower-cost electric vehicles. The state incentive comes on top of a federal tax credit of $7,500 on designated vehicles.

Tesla dominates when it comes to battery-powered vehicle sales, while Toyota dominates among hybrid makers and Jeep dominates among plug-in hybrid. Ford and Hyundai have more balanced sales among both electric and hybrid. Keeler: Deion Sanders' son Shilo Sanders is hurting CU Buffs more than opponents by trying for viral hitsTwo Colorado ski areas announce early openings this week

 

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