DOE Announces $22 Million in Funding to Accelerate the Development of Plug-In Electric Vehicles and Use of Other Sustainable Transportation Technologies - 6-6-16
Today, the Energy Department (DOE) announced $22 million to support research, development, and demonstration of innovative plug-in electric vehicle (PEV) and direct injection propane engine technologies, as well as community-based projects to accelerate the adoption of light, medium, and heavy duty vehicles that operate on fuels such as biodiesel, electricity, E85, hydrogen, natural gas, and propane. Click here for more information.
California Air Resource Board has Incresed Voucher Amounts
The California Air Resources Board has recently increased the voucher amounts for the HVIP's electric trucks and buses. The new voucher levels range from $20,000 to $110,000 per vehicle, and up to 200 vouchers per fleet. You can learn more about changes to the program in the HVIP Implementation Manual.
Hybrid Truck and Bus Voucher Incentive Program (HVIP)
The California Air Resources Board created HVIP in 2011 to introduce low emission hybrid trucks and buses into the vehicle market. This program launched on February 15, 2011 with the goal to reduce half the incremental costs in the purchase of hybrid heavy-duty trucks and buses that operate in the state of California. In the utilization and implementation of hybrid heavy-duty buses and trucks, greenhouse gas emissions and fuel usage decrease between 20 and 50 percent. To find out more about this program, visit HVIP.