Higher Gas Prices Sees 50% Increase in Battery Powered Vehicles in Colorado

A new report by the Colorado Automobile Dealers Association finds that registrations of electric vehicles in Colorado jumped more than 50% in 2020, while overall vehicle registrations are down more than 50%.

“Once we get more supply and more electrified models, they will continue to grow in sales. We are two to three years away from it making 20% instead of 10.5%,” predicted Tim Jackson, president and CEO of CADA.

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