Oodles of Money Available to Fleets for Heavy-Duty Hybrid-Electric Truck and Bus Buys

Clean transportation technology and fuels organization CALSTART is reminding California-based fleets that substantial funds – some $12 million – are still available as a part of the state's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).

CALSTART and the California Air Resources Board (CARB) administer the program, which is now in its third year. It is notable that HVIP funds are not delivered as tax incentives – rather, vouchers that get approved are applied at the point of sale. Both public and private fleets are eligible to apply for funding.

The vouchers start at $8,000 and can be as high as $55,000 per vehicle, and they help cover the incremental cost of acquiring vehicles that integrate various technologies, such as full battery-electric, hybrid-electric and hydrogen fuel cell systems. Major OEMs and truck builders – including Hino Trucks, Thomas Built, Freightliner, Peterbilt, Kenworth and FCCC – currently have electric/hybrid platforms in the medium- and heavy-duty classes.

CALSTART notes that if your vehicles operate out of the San Joaquin Valley, even more money is available: up to $30,000, in addition to the standard $8,000-$55,000 voucher.

For more information and to apply, visit californiahvip.org or call (888) 457-HVIP.

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