Denver Business Journal: How Will Coronavirus Impact Colorado’s Moves Toward Electric And Shared Vehicles?

Electric Car Charging

Coronavirus has dealt the same revenue blow to Colorado automobile dealers that it’s foisted upon most any industry, with overall light-vehicle registrations down 16.5% through the first eight months of 2020.

But while new- and used-car sales have taken a temporary hit as expendable income has sunk, leaders of that industry, which has not witnessed the closing of a dealership in Colorado, believe that revenues and registrations will rebound when the pandemic passes. The reasoning behind their optimism is raising questions about the future of other transportation sectors, from transit to multimodal options to electric vehicles, as planners try to figure out how people will feel safest getting around — or how much they need to get around at all.

View full article in Denver Business Journal.

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