Incentive Money Now Available for Class 3-8 CNG, Electric Vehicles

The New York City Alternative Fuel Vehicle – Voucher Incentive Fund (NYCAFV-VIF) is now open for participation from fleets interested in financial assistance supporting the deployment of natural gas vehicles and electric vehicles.

The initiative, which is a part of the New York Truck – Voucher Incentive Program, will offer $6 million in incentives for Class 3 to Class 8 alt-fuel vehicles: new or converted trucks that run on compressed natural gas (CNG), or electric and hybrid-electric vehicles.

The NYCAFV-VIF incentives are sizable – up to $40,000 per truck. Eligible applicants include both private and nonprofit truck and bus fleets that operate their vehicles in Manhattan, Brooklyn, Staten Island, Queens and/or the Bronx.

The incentives are available on a first-come, first-served basis. The groups responsible for the program (NYSERDA, NYCDOT, NYSDOT and CALSTART) are encouraging fleets to submit their voucher request through an approved vendor as soon as possible.

For more information about the program, click here.

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