"Colorado's Electric Vehicle Revolution: Tax Credits, Sales Goals, and Cleaner Air"
Colorado implemented new EV state tax credits, offering residents a $5,000 tax credit on top of the federal tax credit of $7,500. As a result, the state saw a record 17.1% of total EV purchases in the third quarter, making it the fifth highest state for EV sales in the US. Tesla and Rivian experienced significant year-over-year registration increases, with Tesla being the top seller in Colorado for the Luxury and Sports Cars and Small Luxury SUVs categories. The Polis administration aims to have nearly 1 million EVs on the road by 2030.