Nearly 1 in 3 cars sold in Colorado were electric vehicles from July 1 to Sept. 30, 2025; state has surpassed 210,000 EV registrations
DENVER - Colorado ranked No. 1 in the nation in electric vehicle (EV) sales by percentage for the 3rd quarter of 2025, according to the Colorado Automobile Dealers Association. From July 1 to Sept. 30, 32.4% of new vehicle sales in Colorado were EVs and, across all of 2025, EVs have made up 27.3% of sales. The 3rd quarter numbers mark the highest single-quarter percentage for any state, surpassing 4th quarter 2025 when Colorado reached 31.5% EV market share.
“Coloradans and the free market are saying loud and clear that affordable, clean and efficient electric vehicles are here to stay. Colorado leads the nation in electric vehicles and these clean, quiet, fun cars are saving Coloradans money while improving air quality. We look forward to building on this important work to give Coloradans more vehicle choices,” said Governor Jared Polis. Despite the end to federal EV support, Colorado is continuing to offer incentives for electric vehicle buyers. Earlier this month, the state announced that, beginning Nov. 3, its Vehicle Exchange Colorado (VXC) rebates will increase from $6,000 to $9,000 for new EV purchases and leases and $4,000 to $6,000 for used EV purchases and leases. The VXC program is a key initiative enabling income-qualified Coloradans to access EVs.
These numbers reflect sales leading up to the abrupt end of federal EV tax credits on Oct. 1, which offered up to $7,500 for the purchase or lease of a new EV and $4,000 for a used EV. Before being slashed by the Trump Administration, these federal incentives were expected to continue until Dec. 31, 2032.
In addition, through the end of 2025, Colorado taxpayers are eligible for a $3,500 state tax credit for the purchase or lease of a new EV with a manufacturer’s suggested retail price (MSRP) up to $80,000. For new EVs with an MSRP of up to $35,000, an additional $2,500 tax credit is available (for a total of $6,000). In 2026, the base $3,500 state tax credit will decrease to $750. However, the $2,500 credit for lower cost vehicles will not decrease.
“The transportation sector has long been the hardest to decarbonize so we are grateful that so many Coloradans are making the transition to EVs, but these numbers shouldn’t be surprising, as EVs represent great value and are just plain fun to drive,” said Colorado Energy Office Executive Director Will Toor. “Moving forward, we are confident that, despite federal headwinds, this trend will continue as more people experience the joy and convenience of driving an EV, and we keep on building out our EV charging infrastructure in both urban and rural areas, which make it easy to power up your EV no matter where you are in the state.” Earlier this month, the Polis Administration announced that Colorado received federal approval for the final $12 million of its $56.5 million in funding from the National Electric Vehicle Infrastructure (NEVI) Program. To date, Colorado has already awarded nearly $25.6 million in NEVI funding to support 246 fast-charging ports along major transportation routes across the state. Securing the last of this federal funding will help Colorado continue to build out a robust network of fast-chargers as overall EV registrations in the state surpass 210,000.
This funding is part of Colorado’s larger effort to ensure reliable access to charging for all Coloradans. The state also offers grants to support community-based charging through the Charge Ahead Colorado program, as well as charging for EV fleets through the Fleet Zero Emission Resource Opportunity (Fleet ZERO) program. Learn more about Colorado’s investments in EV charging infrastructure on the Electric Transportation Programming Dashboard. The state’s charging network currently includes more than 5,000 Level 2 ports and more than 1,400 fast-charging ports, supporting hundreds of thousands of Colorado EV drivers and visitors across the state.
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