{"id":278737,"date":"2025-10-05T04:39:09","date_gmt":"2025-10-05T04:39:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/278737\/"},"modified":"2025-10-05T04:39:09","modified_gmt":"2025-10-05T04:39:09","slug":"federal-ev-credits-disappeared-this-state-just-upped-its-own-incentive-to-help-replace-them","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/278737\/","title":{"rendered":"Federal EV Credits Disappeared. This State Just Upped Its Own Incentive To Help Replace Them"},"content":{"rendered":"<ul>\n<li>Colorado has been one of the most generous states with EV incentives.\u00a0<\/li>\n<li>With the federal tax credit gone, the state is now offering up to $9,000 off of an EV for low-income buyers with the trade-in of an existing vehicle.<\/li>\n<li>If you don&#8217;t qualify for the vehicle exchange program, you can still take advantage of the state&#8217;s $3,500 EV incentive.<\/li>\n<\/ul>\n<p>California has long led the U.S. in electric vehicle adoption. But if you&#8217;ve been following the EV market for long, you know that it&#8217;s no longer the best place to get EV deals. While the state has phased out most state-level incentives, other states have stepped up to kickstart their local markets. Colorado has led the pack, <a href=\"https:\/\/insideevs.com\/news\/727980\/nissan-leaf-9-dollars-lease-colorado\/\" data-inline-widget=\"internal-links\" data-type-id=\"0\" data-params=\"%7B%22article_edition_id%22%3A%22727980%22%2C%22section%22%3A%221%22%2C%22alias%22%3A%22nissan-leaf-9-dollars-lease-colorado%22%7D\" target=\"_blank\" rel=\"noopener\">with incentives that have driven crazy deals like $9-a-month leases<\/a>. And while the <a href=\"https:\/\/insideevs.com\/news\/774614\/ev-demand-deals-tax-credit\/\" data-inline-widget=\"internal-links\" data-type-id=\"0\" data-params=\"%7B%22article_edition_id%22%3A%22774614%22%2C%22section%22%3A%221%22%2C%22alias%22%3A%22ev-demand-deals-tax-credit%22%7D\" target=\"_blank\" rel=\"noopener\">federal tax credit went away this past Tuesday,<\/a> Colorado isn&#8217;t going to let the party end just yet.<\/p>\n<p>The state <a href=\"https:\/\/energyoffice.colorado.gov\/press-releases\/polis-administration-announces-increased-incentives-for-electric-vehicles\" target=\"_blank\" rel=\"noopener noreferrer\">announced on Thursday<\/a> that it will bump its own vehicle exchange program incentive from $6,000 to $9,000 on November 3. The state&#8217;s used vehicle credit is going up, too, from $4,000 to $6,000. Since the tax credit from the federal government only offered $7,500 for new cars (with onerous eligibility requirements for the car itself) and $4,000 for used vehicles, qualifying Colorado residents will be getting more cash back than most of us did during the height of the federal program.<\/p>\n<p>Those who do not qualify for the $9,000 incentive can still take advantage of Colorado&#8217;s $3,500 EV tax credit. That credit is unchanged and can be applied to a new EV lease or purchase.\u00a0<\/p>\n<p>It&#8217;s not all good news, though. This program has stricter income limits than the federal program, and requires you to trade in an old, high-polluting vehicle. Applicants cannot make more than 80% of the median income in their county. To find out what that number is for you, the <a href=\"https:\/\/docs.google.com\/spreadsheets\/d\/1I9wrt5zJ6khmLR3ZeFCKlz5EmNKUusaFYAK4oeKO4wY\/edit?gid=0#gid=0\" target=\"_blank\" rel=\"noopener\">state built this handy table<\/a>.\u00a0<\/p>\n<p>It&#8217;s also worth noting that, while the state incentive is bigger than ever, the deals probably won&#8217;t be better than ever. In the past, Colorado stacked its state-level incentive on top of the federal incentive, which could lead to over $10,000 of savings. Its new credits will stand alone when they roll out on November 3.<\/p>\n<p>But it&#8217;s a sign that the loss of federal support is not the end of the road for the EV industry. People want cleaner cars that are cheaper to own, and <a href=\"https:\/\/insideevs.com\/news\/774614\/ev-demand-deals-tax-credit\/\" data-inline-widget=\"internal-links\" data-type-id=\"0\" data-params=\"%7B%22article_edition_id%22%3A%22774614%22%2C%22section%22%3A%221%22%2C%22alias%22%3A%22ev-demand-deals-tax-credit%22%7D\" target=\"_blank\" rel=\"noopener\">manufacturers<\/a> and states are willing to help spur that transition as we wait for supply chain costs to come down.<\/p>\n<p>Remember, today&#8217;s affordable, desirable internal-combustion are the result of 120 years of continuous improvement. Meanwhile, most manufacturers have less than 10 years of experience building high-volume EVs. It takes time to drive down prices, and these incentives are supposed to get us through that period. They no longer apply to everyone, but it&#8217;s nice to see some states still pushing to make EVs more affordable for working Americans.<\/p>\n<p>Contact the author: <a href=\"https:\/\/insideevs.com\/news\/774654\/colorado-vxc-program-explained\/mailto:Mack.Hogan@insideevs.com\" target=\"_blank\" rel=\"noopener\">Mack.Hogan@insideevs.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Colorado has been one of the most generous states with EV incentives.\u00a0 With the federal tax credit gone,&hellip;\n","protected":false},"author":3,"featured_media":278738,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,23270,67,132,68],"class_list":{"0":"post-278737","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-pricing","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/278737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=278737"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/278737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/278738"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=278737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=278737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=278737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}