Colorado will offer a new state electric vehicle rebate as federal tax credits for electric vehicles are expiring under the new federal tax and spending plan.

Beginning Nov. 3, the Vehicle Exchange Colorado rebates will increase from $6,000 to $9,000 for a new electric vehicle purchase. Rebates will also increase from $4,000 to $6,000 for used EV purchases and leases.

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“The market has made it clear, EVs are here to stay. Colorado is a national leader in EVs, expanding access and creating pathways for Coloradans to purchase an EV at low-cost. I encourage all Coloradans who ar

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