There will be a category that will be added to California’s HVIP (Hybrid Incentive Voucher Program) that covers light-duty zero-emissions commercial vehicles (between 5,001 and 8,500 lbs GVWR) starting November, according to Chris Abarca, Director of Sales, West for Azure Dynamics, which has partnered with Ford for the Transit Connect Electric.
Under this category, a fleet’s first voucher could reach up to $15,000, while it’s $12,000 thereafter for what remains of FY 2010-11. The proposed FT 2011-12 HVIP voucher amounts (beginning in February 2012) increase to: $10,000 per vehicle for the first 30 vouchers.
The first 3 vehicles qualify for an added $2,000); $8,000 per voucher for 31-65 vouchers; $6,000 per voucher for 66 to 100 vouchers. The HVIP program makes use of AB 118 Air Quality Improvement Funding to aid fleets to make the switch from ICE vehicles to electric and hybrids.
These funds are offered to any fleet public (Federal, State, Local) or private that register the vehicles in California. Abarca noted that these incentives, together with the $7,500 Federal EV Tax Credit, will decrease the ROI down to 2.5 years at existing fuel prices. Presently, the HVIP voucher categories begin at 8,501–10,000 lbs GVWR, with a plug-in hybrid that may qualify for a base incentive of $10,000. A zero emission vehicle in this weight category may get a base incentive of $15,000.