If you were looking for a new car in Colorado last summer, you might have noticed some surprising deals on EVs—like a $19 monthly lease (with $500 down) on a brand-new Nissan Leaf from a dealership in Fort Collins.

The ultra-low price was possible because of the state’s generous incentives. Last year, that included a $5,000 tax credit to buy or lease any EV, with an extra $2,500 for cars........

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