Please Follow us on Gab, Minds, Telegram, Rumble, GETTR, Truth Social, Twitter
As electric vehicle demand plummets across the nation, Colorado officials are extending another carrot. From the Colorado Sun:
“Colorado is boosting its popular cash-for-clunkers EV buying support by nearly 60% with a $9 million fund for 2024-25, after retiring more old, dirtier cars than expected off the road during the first year.
The state exhausted $5.7 million for the first year of the fund, which helps income-qualified buyers with an extra $6,000 rebate at the cash register if they turn in an older car when buying a new EV. Turning in an old car and buying a used EV can bring an exchange rebate of up to $4,000.
Stacked with other federal, state and utility EV rebates, the extra state boost can cut the cost of some EVs by far more than half.”
Just remember that carrots are often followed by sticks. Also, the state is dealing with an income crisis, so expect new taxes (and “fees”) soon.
Please Follow us on Gab, Minds, Telegram, Rumble, GETTR, Truth Social, Twitter
