Electric vehicle sales in Colorado continue to climb. Colorado has now surpassed California, becoming number one in the nation for market share of new electric vehicles purchased in the third quarter of 2024.Like many Coloradans, Lindsey Farrington grew tired of pain at the pump.'I had an SUV before and it was just too much with gas,” Farrington said.She decided it was time for a change, so she leased an electric vehicle.'I've had it for about six months now,” said Farrington.
“Electric vehicles are about a third of the cost per mile in terms of your electricity bill to run. So especially if you're doing a lot of driving, if you commute 20, 30, miles a day, that really adds up in savings,” Polis said.He said tax credits have made electric vehicles more affordable.Coloradans can shave $2,500 to $5,000 off the price of a new electric vehicle through state tax credits.A $7,500 federal tax credit helps drive costs down even further.