HVIP Funding Reopens on March 30
The Hybrid and Zero-Emission Truck and Bus Voucher Inventive Project (HVIP) will re-open for new voucher request on Monday, March 30.
There are $196.6 million in available funds with approximately $46 million reserved for Class 8 drayage tractors voucher requests.
Like years past, funding for HVIP is fully requested within minutes.
While HVIP will not release funding in waves this year, it will adhere to its randomization policy if requests within the first 24 hours surpass the funds available. If funding is used up after the first 24 hours, requests will be on a first come, first served basis. Due to the high demand, there’s a probability that funding will be randomized and there will be no guarantee if requests are fulfilled.
In late spring, the Innovate Small E-Fleets program will open $24 million in funding to small fleets and independent owner-operators. Small fleets are currently being defined as a fleet of 15 trucks or fewer but is subject to change.
For additional information visit: californiahvip.org.
