A 2024 Volkswagen ID4 electric sports-utility vehicle sits on display in the Xcel Energy exhibit at the Denver Auto Show Thursday, April 4, 2024, in Denver. The show, which runs through the weekend, is showcasing the latest auto technolggy focusing on electric vehicles, a growing segment in the auto industry. the rate in Colorado continues to grow and evidence of interest in the vehicles was on display Friday at the Denver Auto Show.
The nonprofit’s parent organization is Drive Clean Colorado, a U.S. Department of Energy-designated coalition working on environmentally sustainable transportation. Garbalagtys said Drive Electric provides outreach and education on electric vehicles, including the tax incentives and rebates available to car buyers.Electric vehicles made up 12.5% of the 208,861 cars registered in Colorado in 2023,
Buyers can also tap into the $7,500 federal tax credit. However, qualifying for the credit has become more difficult because ofrequiring that certain percentages of the automobile components are made in North America. Groves said under state law, dealerships can’t advertise the federal incentive for electric vehicles because it doesn’t apply to all purchases equally.
“I would say probably a good 30% to 40% of our business is EVs these days. And Audi is especially interested in becoming an electric car company. The majority of our featured models are going to be electric cars,” Fitzgerald said.“But 90% of people are driving 30 miles a day. The cars have about a 300-mile range,” Fitzgerald said.
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