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Colorado new car sales plummet as EV aid cuts bite

Original: Colorado new car sales plummet as cut to EV aid puts the brights on high prices

New car sales in Colorado have dropped sharply, with reports linking the slump to cuts in electric vehicle incentives that have pushed prices higher. The state has been among the leading US markets for EV adoption, making changes to federal and state support especially consequential for buyers and dealers facing steeper upfront costs.

Why now: Changes to EV subsidies are raising prices and dampening demand in one of America's biggest EV markets.

Coloradoelectric vehicles

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