Now is a great time to look for Electric Vehicle, EV Charger, and Electric Forklift Incentives!
PineSpire recommends following these steps to identify the best opportunities for you:
- Equipment Type: Identify what equipment is on your ‘wishlist’ and find the right funding.
- Evaluate Eligibility: What Air Quality District or Utility Territory are you located in? Do you have old internal-combustion equipment to retire in exchange for new electric equipment? Is your current fleet in compliance with Air Quality Regulations?
- Timing: What is the Grant deadline? Does the lead time for new equipment work for your operations?
Here is a look at some great current opportunities to get funding towards your future electric fleet
Types of vehicles: Trucks, Buses, other specialized Heavy-Duty Vehicles
HVIP is open to entities across California and uses a ‘voucher’ system to simplify the paperwork and reporting. Funding is available until all vouchers are claimed, so don’t delay in looking at eligible vehicles and applying!
Types of Vehicles: Diesel Trucks, Cargo handling equipment, transport refrigeration unit and forkflits
The Goods Movement Program is open to entities involved in Goods Movement (such as logistics companies) and aims to retire internal combustion equipment by funding a portion of the purchase price of new zero emission (i.e. electric) equipment. Each Air Quality District manages the Goods Movement Program in their region; check your Air District for application dates.
Types of Vehicles: Terminal Tractors, Forklifts, and other freight-handling equipment that replaces diesel models
The CORE program is set to open July 18, 2022 with a total of $125M. This program is available state-wide and uses a Voucher model. Prepare for the opportunity by evaluating eligible equipment and contacting an approved dealer to be ready for program opening.