Funding Updates

The table below shows currently available funds. Please refer to the FY24-25 Implementation Manual or HVIP FAQs for more information about the latest policies and eligibility criteria. If you have voucher-specific questions, please contact [email protected] and [email protected].

Available Funding

This table is automatically updated every hour.

Zero-Emission Vehicle (ZEV) Truck Voucher Amounts

Truck Class Base Voucher Small Business Voucher
Class 2b (8,501–10,000 lbs.) $7,500 $9,000
Class 3 (10,001–14,000 lbs.) $15,000 $40,000
Class 4 (14,001–16,000 lbs.) $60,000 $130,000
Class 5 (16,001–19,500 lbs.) $60,000 $130,000
Class 6 (19,501–26,000 lbs.) $85,000 $160,000
Class 7 (26,001–33,000 lbs.) $85,000 $160,000
Class 8 (33,001+) $120,000 $330,000
Class 8 Fuel Cell (33,001+) $240,000 $420,000

Zero-Emission Vehicle (ZEV) Public School or Public Transit Bus Vouchers

Bus Class School Bus Voucher* Small Public School Bus Voucher Public Transit Voucher** Small Public Transit Agency Voucher
Class 2b (8,501–10,000 lbs.) N/A N/A $9,750 $19,500
Class 3 (10,001–14,000 lbs.) $81,000 $103,500 $58,500 $117,000
Class 4 (14,001–16,000 lbs.) $108,000 $138,000 $78,000 $156,000
Class 5 (16,001–19,500 lbs.) $108,000 $138,000 $78,000 $156,000
Class 6 (19,501–26,000 lbs.) $153,000 $195,000 $110,500 $221,000
Class 7 (26,001–33,000 lbs.) $153,000 $195,000 $110,500 $221,000
Class 8 (33,001+) $216,000 $276,000 $156,000 $312,000
Class 8 Fuel Cell (33,001+) N/A N/A $312,000 $552,000

* School Buses for Public School Districts

** “Public transit bus” for the purposes of this program means an on-road vehicle greater than 8,500 pounds GVWR, owned or operated by a city or county government; a transportation district/transit district; or a public agency. Public transit includes para-transit and micro-transit services operated by or on behalf of a public transit agency, but not shuttle buses with restricted services including but not limited to airport shuttles, university shuttles, and prisoner transport shuttles.

Zero-Emission Vehicle (ZEV) Drayage (D)/Refuse (R) Vouchers

Truck/Bus Class Base Voucher Small Fleet Drayage/Refuse Voucher
Class 4 (14,001–16,000 lbs.) (R) $75,000 $130,000
Class 5 (16,001–19,500 lbs.) (R) $75,000 $130,000
Class 6 (19,501–26,000 lbs.) (R) $106,250 $160,000
Class 7 (26,001–33,000 lbs.) (D, R) $106,250 $160,000
Class 8 (33,001+) (D, R) $150,000 $330,000
Class 8 Fuel Cell (33,001+) (D, R) $300,000 $420,000

Note: For vouchers requested on or after 11/22/24, incentive amounts for truck conversions have been increased to 75% of a new truck voucher from 50% of a new truck voucher.

The Innovative Small E-Fleets program and ZESBI may have differing voucher amounts and cannot be combined with other HVIP categories, unless otherwise specified; see Appendices F and G at CaliforniaHVIP.org/im.

Fleet Size Policies

Small Business Voucher Amounts: Public and non-profit fleets with a global fleet of 20 or fewer trucks, and private fleets with 20 or fewer trucks and $15 million or less of annual revenue are eligible for the small fleet voucher amount. Fleets may use the small fleet voucher for a lifetime maximum of 5 vehicles. Fleet sizes include vehicles registered as non-operational. Any voucher in excess of 5 will be eligible for the base voucher amount. See the IM for more details.

Stacking Funds

HVIP vouchers may be combined or “stacked” with other eligible public incentives (and other types of discretionary funding), with the provision that HVIP will only fund the remaining cost up to the maximum voucher amount after the other incentives have been applied, ensuring that HVIP pays last. The dealer and purchaser must ensure that all of HVIP’s and respective public incentive programs’ requirements and policies regarding the stacking of funds are met. Vouchers where HVIP is stacked with incompatible programs will be cancelled. The grantee and CARB reserve the right to require the return of voucher funds that were obtained in violation of program rules.

For privately owned vehicles, the total voucher amount plus all other eligible public incentives – or other discretionary public funding such as grants – may not exceed 90% of the full vehicle cost excluding taxes and fees.

For publicly owned vehicles, including public school buses, public transit buses, and municipal vehicles, the sum of HVIP and other eligible public funding may not exceed the full vehicle cost excluding taxes and fees.

Standard HIVP and ISEF cannot be stacked together in any circumstances. Rental and Fleet Management Companies serving small fleets are encouraged to participate in ISEF, where they may be eligible for increased voucher amounts. These companies cannot receive the small fleet voucher amount in standard HVIP.

Federal incentives may be combined with HVIP vouchers for fleets of any size, including funding provided by the Federal Transit Administration (FTA), the Department of Energy (DOE), U.S. Environmental Protection Agency (EPA), and other federal agencies.

State Incentives can only be stacked for public transit buses and small business fleets of 20 or fewer vehicles, so long as the state incentive program allows stacking, each incentive program is not paying for the same incremental cost, and the non-HVIP incentive program is not required to generate greenhouse gas (GHG) emission reductions.

The Clean Mobility Options program is an exception to the above rule. HVIP may fund or co-fund vehicles that are part of CARB’s Clean Mobility Options (CMO) program, at CARB’s sole discretion. Contact [email protected] for more information.

Locally funded incentives may be combined with HVIP including programs administered by local air districts or local municipalities.

Fleets of any size may stack VW Mitigation funds with HVIP as long as each incentive program is not paying for the same incremental cost.

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