Colorado EV Boom Continues Despite Federal Incentive Uncertainty

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Colorado EV Boom Continues Despite Federal Incentive Uncertainty
ELECTRIC VEHICLESCOLORADOGOVERNMENT INCENTIVES
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Despite potential changes to federal EV incentives, Colorado continues to lead the nation in EV adoption. State and local incentives, coupled with rising demand, have driven a surge in EV sales and infrastructure development.

DENVER, CO – APRIL 12: Vehicle enthusiasts examine the 2023 Kia K5 GT sedan during the 2023 Denver Auto Show at the Colorado Convention Center on Wednesday, April 12, 2023. With the strides Colorado has made in adopting electric vehicles, state officials believe it’s “full speed ahead” on realizing state goals even if federal incentives are rolled back.

, including that the vehicle’s final assembly is in North America and a minimum percentage of critical mineral and battery components were produced domestically or in a country in a trade agreement with the U.S. “I’ve been here for 24 years. I’ve seen a lot of ups and downs in the car business, especially in EVs over the years,” Olsen said. “The last six months of last year were by far the busiest we’ve ever been with EVs.”

Carter said he wasn’t able to reach anyone by phone when he initially called about the notice. As of Monday, he hadn’t heard from Xcel.

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ELECTRIC VEHICLES COLORADO GOVERNMENT INCENTIVES CLIMATE CHANGE AUTO SALES

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