Colorado Boosts EV Rebates as Federal Incentives End

Colorado boosts EV rebates as federal incentives end

(The Center Square) – As national incentives for electric vehicles end, Colorado has decided to jump in and offer its own incentives.

Federal EV Credit Out, Leaving Blue State Subsidies

A few states are bucking the national trend to prop up, temporarily, EV production. Domestic output is falling, which leaves foreign EV makers. The states do not have the federal “buy American” limit that applies to the batteries and internals of qualified EVs, however, which means that Japan’s Toyota bZ4x and Belgium’s Volvo’s EX30 could be the subsidized winners in an overall declining market.

The Federal EV Credit Is Gone - What Happens Now?

Federal EV subsidy expired. States may still offer their own incentives for electric vehicles.

E&E News: Trump axed the EV tax break. Can states replace it?

A growing number of state and local governments are boosting incentives to encourage electric vehicle sales.

Colorado increases incentives for EVs as federal incentives expire - Aftermarket Matters

Starting Nov. 3, rebates will increase from $6,000 to $9,000 for new EV purchases and leases and $4,000 to $6,000 for used EV purchases and leases. The post Colorado increases incentives for EVs as federal incentives expire first appeared on Aftermarket Matters.