CARB approves new incentives for zero-emission vehicles and machines

Truck recharging point in Los Angeles, CA (Photo: Reuters/Lisa Baertlein)

The California Air Resources Board (CARB) has approved a $34.94 million incentives funding plan intended to support efforts to increase access to medium- and heavy-duty zero-emission trucks, buses and equipment, with a focus on small businesses.

The funding plan allocates existing legislative funds toward incentive projects that support the state’s air quality and climate goals.

The 2024-25 Funding Plan for Clean Transportation Incentives increases funding for small businesses looking to modernize their fleets with clean vehicles. The support covers assistance for rentals, leases and truck loans. Assistance is available for zero-emission logistics, marine and agricultural equipment, and off-highway machines.

“The funding plan reflects the outcomes necessary to advance the state’s clean air goals, which includes continuing support for small businesses that may face financial obstacles getting into zero-emission options,” said CARB chair Liane Randolph. “Reducing pollution requires that every Californian have access to the cleanest technology available.”

Funding includes $5 million for the Zero-Emission Truck Loan Project, which covers fleet and related charging infrastructure;

$14.97 million for the Innovative Small e-Fleet Pilot Project, which provides vouchers for medium- and heavy-duty vehicles for small businesses with 20 or fewer vehicles, and;

$14.97 million for the Clean Off-Road Equipment Project that helps businesses purchase zero-emission off-road equipment, including forklifts and cargo loaders.

Details covering the 2024-25 Funding Plan for Clean Transportation Incentives are available by clicking here.