Colorado Electric Vehicle Tax Credit Rises to $5,000
EV Life
JUNE 29, 2023
Great news for drivers looking to purchase an electric vehicle in Colorado! On May 11, 2023, Colorado Governor Jared Polis signed House Bill 23-1272 into law. In addition, starting January 1, 2024, new electric vehicles priced under $35,000 MSRP will be eligible for an additional $2,500 state tax credit.
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