As electric vehicle (EV) adoption accelerates, Colorado is leading the charge in building a reliable, widespread charging station network. With battery electric vehicles (BEVs) on the rise and consumers shifting away from internal combustion engine (ICE) cars, the state is investing heavily in EV infrastructure. The goal? To support the estimated 940,000 EVs expected on Colorado roads by 2030 while addressing greenhouse gas emissions and air pollution.
Building a Stronger EV Charging Network
With fast-charging corridors and community-based charging projects, Colorado is making it easier than ever to own an electric car, SUV, or electric truck. The DC Fast-Charging (DCFC) Plazas Program is funding large-scale charging hubs, ensuring that EV cars, transit buses, electric pickup trucks, and electric vans can charge efficiently.
The state’s NEVI funding initiative is injecting $57 million into 34 key charging hotspots, prioritizing accessibility for all. This is particularly beneficial for long-distance drivers, fleet owners, and public transit operators, as it guarantees charging stations along key highways.
The Financial Push: Investments & Incentives
Colorado is putting its money where its mouth is, with a $21 million investment in expanding fast-charging networks. This includes funding 46 sites with 290 new charging ports, making road transport electrification more feasible. Additionally, the Inflation Reduction Act and various EV tax credits are helping consumers lower the total cost of ownership for an electric car, sedan, hatchback, or luxury EV like the Porsche Taycan or Lucid Air.
For property developers, the Charge Ahead Colorado program offers grants to install Level 2 chargers in multifamily housing complexes, ensuring that apartment dwellers have access to electricity for charging their vehicles overnight.
Technology & Sustainability: The Role of Battery Innovation
With more battery electric vehicles hitting the streets, advancements in battery technology are crucial. Lithium-ion batteries, the standard for EVs like the Nissan Leaf, Tesla Model 3, BMW i4, and Hyundai Ioniq 5, continue to evolve with higher energy density, better heat management, and more efficient regenerative braking systems.
Battery manufacturing is also shifting towards sustainability, with increased focus on battery recycling, supply chain transparency, and reducing reliance on rare metals like cobalt and nickel. Companies are investing in solid-state battery development, which promises longer lifespan, faster charging, and improved efficiency for future electric vehicles.
What’s Next? Future-Proofing Colorado’s EV Infrastructure
Colorado’s 2023 EV Plan outlines further initiatives to future-proof the state’s EV network, including:
- Expanding charging access in rural areas to support battery electric vehicles, electric buses, and alternative fuel vehicles.
- Collaborating with automakers like Ford, Chevrolet, and Hyundai to install fast chargers at dealerships for models like the Chevrolet Silverado EV, Kia EV9, and Rivian R1T.
- Offering additional EV incentives to encourage adoption of hybrid electric vehicles (HEVs) and fuel cell vehicles (FCVs), particularly in commercial fleets and road transport sectors.
Make the Switch: Install an EV Charger with EV Pros
With Colorado’s EV growth accelerating, now is the best time to invest in an EV charger for your home or business. At EV Pros, we specialize in professional EV charger installations, helping homeowners, businesses, and property managers take advantage of rebates, tax credits, and incentives.
Ready to power up your EV? Contact EV Pros today for expert installation and guidance! Visit EV Pros Colorado to get started.