Colorado Ranks Second Nationally in Electric Vehicle Adoption Due to Affordable Cars and Generous Incentives

TL/DR –

Colorado just zoomed into second place for EV adoption, thanks to some wallet-friendly lease deals on Nissan Leafs. With Colorado’s juicy tax breaks making electric cars more accessible than ever, it’s no wonder the state is sparking an EV revolution faster than you can say “plug-in hybrid.” Meanwhile, Tesla might want to watch its back, because Nissan is riding the wave of this electrified glow-up and giving the Model Y a run for its electrons.


A blue car is plugged into a station on a street and viewed from the front.

A Nissan Leaf charges at a recharge station while parked by the Denver City County Building in downtown Denver.

Sorry, Washington.

Dirt-cheap EV leases have catapulted Colorado to the number-two spot for electric car adoption in the U.S.

A report from the Colorado Automobile Dealers Association shows that over 23% of new cars registered in Colorado from January to September were either battery-electric or plug-in hybrids, trailing only California. Washington and Oregon are next in line.

EV adoption surged recently, with plug-ins making up nearly 28% of new cars in Colorado in Q3 2024, a 5.7% rise from the prior quarter.

One key factor? Killer lease deals on affordable EVs. For instance, Nissan Aurora offers the Nissan Leaf for just $29 a month, with initial costs covered. Earlier, they even had a $19 lease special!

Nissan’s popularity is soaring in Colorado, with over 5,600 Leafs and Ariyas registeredโ€”a 542% registration spike from last year. The Nissan Leaf is now the second most popular EV, following Tesla’s Model Y.

Matt Groves from the Colorado Automobile Dealers Association credits Coloradoโ€™s generous EV incentives for these deals. Residents can stack rebates, cutting electric car costs significantly. Colorado offers a $5,000 tax credit on plug-in EVs, with an additional $2,500 for models under $35,000. Dealers add $600 if they handle the paperwork.

For budget-conscious folks, this makes battery-electric cars more accessible.

Original Story at www.cpr.org