Colorado leads U.S. in electric vehicle sales Q3 2025

DENVER — Nearly one in three new vehicles sold in Colorado during the third quarter of 2025 was electric, marking the highest adoption rate in the nation and setting a new state record, according to the Colorado Automobile Dealers Association.

From July 1 to Sept. 30, 32.4% of new vehicle sales in Colorado were electric vehicles, surpassing the state’s previous record of 31.5% in late 2024. Throughout 2025, EVs have accounted for 27.3% of vehicle sales.

“Coloradans and the free market are saying loud and clear that affordable, clean and efficient electric vehicles are here to stay,” said Gov. Jared Polis. “Colorado leads the nation in electric vehicles, and these clean, quiet, fun cars are saving Coloradans money while improving air quality.”

Colorado continues to offer incentives for EV buyers despite the end of federal tax credits on Oct. 1. The state’s Vehicle Exchange Colorado program will raise rebates on Nov. 3 from $6,000 to $9,000 for new EV purchases or leases and from $4,000 to $6,000 for used EVs. The program helps income-qualified residents transition to electric vehicles.

Federal EV tax credits previously offered up to $7,500 for new EVs and $4,000 for used models before being eliminated earlier this month by the Trump administration.

Colorado taxpayers remain eligible for state tax credits through the end of 2025, including a $3,500 credit for new EVs with a manufacturer’s suggested retail price of up to $80,000. Vehicles priced under $35,000 qualify for an additional $2,500 credit, bringing the total to $6,000. The base credit will drop to $750 in 2026, while the lower-cost vehicle credit will remain unchanged.

“The transportation sector has long been the hardest to decarbonize, so we are grateful that so many Coloradans are making the transition to EVs,” said Colorado Energy Office Executive Director Will Toor. “These numbers shouldn’t be surprising, as EVs represent great value and are fun to drive. We are confident this trend will continue as we expand EV charging across urban and rural areas.”

Earlier this month, Colorado received federal approval for the final $12 million of its $56.5 million allocation from the National Electric Vehicle Infrastructure Program. The state has already awarded $25.6 million to support 246 fast-charging ports along major transportation routes.

Colorado now has more than 210,000 registered EVs and a charging network that includes more than 5,000 Level 2 ports and 1,400 fast-charging ports. Additional support comes through programs such as Charge Ahead Colorado, which funds community-based charging, and Fleet ZERO, which supports zero-emission fleet infrastructure.

Officials said the expanded charging network and increased incentives will continue to make it easier for Coloradans to choose electric vehicles and maintain the state’s national leadership in EV adoption.