There are more electric trucks coming.
The California Air Resources Board (CARB) today announced the opening of the Innovative Small E-Fleet (ISEF) $25 million set-aside within the state’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). ISEF is intended to encourage small fleets to make the transition to zero-emission trucks.
Privately owned and nonprofit trucking fleets of 20 or fewer vehicles and with an annual revenue of less than $15 million are eligible. They will have access to funding that can cover costs related to the purchase and operation of zero-emission trucks, aka ZETs. ISEF is administered by CALSTART, a national clean transportation non-profit consortium.
“Small fleets and owner-operators have often traditionally faced multiple barriers to ZET adoption, such as high up-front costs, limited financing options, and complex planning for charging infrastructure. It is critical to address these challenges for small fleets because the majority of fleets in California operate 20 or fewer trucks,” CARB said.
ISEF incentive funding allows small fleet owner/operators to use flexible financing, lease, rental, and truck-as-a-service options, as well as offset infrastructure/charger costs, insurance, and fuel costs. Fleets must work with an approved provider to apply for vouchers. These providers will work with eligible equipment dealers to request vouchers on the individual fleet’s behalf. For example, battery electric and hydrogen fuel cell class 8 drayage trucks are eligible for close to $300,000 per vehicle – significantly reducing upfront costs for California’s port truckers to move to zero-emissions.
“There are quite a few options in terms of equipment, financing, and planning assistance that fleets can take advantage of in pursuing adoption of electric vehicles. The key first step is showing them they have a resource to help them take advantage of those options,” said Niki Okuk, deputy director of CALSTART Trucks and Off Road.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
CARB: Small E-Fleet Project Spurs Shift to Electric Trucks
There are more electric trucks coming.
The California Air Resources Board (CARB) today announced the opening of the Innovative Small E-Fleet (ISEF) $25 million set-aside within the state’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). ISEF is intended to encourage small fleets to make the transition to zero-emission trucks.
Privately owned and nonprofit trucking fleets of 20 or fewer vehicles and with an annual revenue of less than $15 million are eligible. They will have access to funding that can cover costs related to the purchase and operation of zero-emission trucks, aka ZETs. ISEF is administered by CALSTART, a national clean transportation non-profit consortium.
“Small fleets and owner-operators have often traditionally faced multiple barriers to ZET adoption, such as high up-front costs, limited financing options, and complex planning for charging infrastructure. It is critical to address these challenges for small fleets because the majority of fleets in California operate 20 or fewer trucks,” CARB said.
ISEF incentive funding allows small fleet owner/operators to use flexible financing, lease, rental, and truck-as-a-service options, as well as offset infrastructure/charger costs, insurance, and fuel costs. Fleets must work with an approved provider to apply for vouchers. These providers will work with eligible equipment dealers to request vouchers on the individual fleet’s behalf. For example, battery electric and hydrogen fuel cell class 8 drayage trucks are eligible for close to $300,000 per vehicle – significantly reducing upfront costs for California’s port truckers to move to zero-emissions.
“There are quite a few options in terms of equipment, financing, and planning assistance that fleets can take advantage of in pursuing adoption of electric vehicles. The key first step is showing them they have a resource to help them take advantage of those options,” said Niki Okuk, deputy director of CALSTART Trucks and Off Road.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.