Exchange program make EV ownership more affordable for low-income Colorado residents
“Carrie Atiyeh is with the Colorado Energy Office. Her team has rolled out the Vehicle Exchange Colorado program. It offers instant rebates of $6,000 for a new EV or $4,000 for a used one to residents who turn in an old gas or diesel-powered vehicle to be recycled. To qualify, participants can earn no more than 80% of the area median income. The vehicle must be drivable and at least 12 years old or have failed a Colorado emissions test.”