The Car and Truck Fleet and Leasing Management Magazine

Calif. Fleets Offered $20M for Hybrid Truck Purchases

February 12, 2010

SACRAMENTO, CA - The California Hybrid Voucher Incentive Program (HVIP), offering $20 million in vouchers for fleets, was launched Feb. 4.  As of Feb. 12, approximately $11 million remains.

All fleets with trucks operating in California are eligible for up to 100 vouchers each, on a first-come, first-served basis.

Launched last week by the California Air Resources Board and administered by CALSTART, the program was designed to provide $20 million in funding assistance for fleets to replace old diesel trucks with newer, cleaner hybrid trucks.

Depending on the vehicle weight and model, the voucher amounts range from $10,000 to $45,000, including a $5,000 bonus for each participating fleet's first purchase. Details about participating in the program, approved dealers and eligible vehicles are available on the program Web site at www.californiahvip.org.  

 

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