Funding Updates

The table below shows currently available funds. If you have voucher-specific questions, please contact [email protected]. See the FY23-24 Implementation Manual and the FAQs to learn more about policy changes.

Available Funding

This table is updated regularly during business hours.

Last updated 12/04/24

Funding Category  Total Funding*
Available NOW unless otherwise indicated 
Standard HVIP Closed
Transit Set-Aside $48,666,598
Public School Bus Set-Aside Closed 
Drayage Truck Set-Aside  $20,940,334
Innovative Small e-Fleets $28,343,158 available for Innovative Provider Requests. 
Zero-Emission School Bus and Infrastructure (ZESBI) Closed
Drayage Truck Funding from Ports of Los Angeles and Long Beach Closed. The $60M in drayage funding from the Ports of Los Angeles and Long Beach has been fully reserved and is no longer available to request.

Note: ZESBI, Public School Bus and ISEF set-asides have separate policies and Implementation Manuals from the other set-asides. See californiahvip.org/im

* Funds that are available or will be available are allocations from the California Air Resources Board’s Funding Plans for FY21-22, FY22-23, and FY23-24.

Stacking Funds

HVIP has specific requirements for combining or “stacking” funds with other public funding sources. Details are in the FY23-24 Implementation Manual, and highlights include:

  • The Volkswagen Environmental Mitigation Trust (VW) may be “stacked” with HVIP for fleets of any size for eligible vehicles in VW’s Zero-Emission Transit, School, and Shuttle Bus and Zero-Emission Class 8 Freight and Drayage Trucks categories.
  • Fleets size 20 and smaller can stack HVIP with the Carl Moyer Memorial Air Quality Standards Attainment Program and the CARB Truck Loan Assistance Program.
  • Transit buses operated by or on behalf of a city or county government; a transportation district / transit district; or a public agency, including paratransit and microtransit services may stack State-funded incentives with HVIP regardless of fleet size.
  • HVIP will only fund up to 90% of the cost of the vehicle for private entities or 100% for public entities, exclusive of taxes and fees. HVIP funds will be applied after the total funding from other source(s) have been applied to the base vehicle cost (excluding taxes and fees).

Fleet Size Policies

Base Voucher Amounts for Small Fleets: The +100% base adjustment for public and nonprofit fleets size 20 and smaller, and for private fleets size 20 and smaller with less than $15 million annual revenue, continues to be available in Standard HVIP, the Drayage Truck Set-Aside, and the Public Transit Set-Aside for any HVIP-eligible vehicles.

Starting 11/22/24, however, the doubling is only available for a maximum of 5 vouchers (all-time total, not annually). This limit is not retroactive, meaning that small fleets with existing doubled vouchers before 11/22/24 are permitted up to 5 additional doubled vouchers. Vouchers cannot be doubled in combination with the +65% voucher enhancement for school buses.

Fleet Size Exclusion: Private fleets size 50 and larger, based on the fleet size definition in the FY23-24 Implementation Manual, will be ineligible to request new voucher requests starting 1/1/25. This change does not affect existing vouchers requested before 1/1/25. Public entities, California Native American Tribal governments, and nonprofit organizations with 501(c)(3) status will not be subject to the fleet size limit. Additionally, fleets of any size can continue to purchase fuel cell vehicles through HVIP, and fuel cell vehicle purchasers are not subject to HVIP’s large fleet bulk purchase requirements or base voucher amount reductions based on fleet size.

Zero-Emission Funding Table

 
Vehicle Weight Class Base*
Class 2B $7,500
Class 3 $45,000
Class 4-5 $60,000
Class 6-7 $85,000
Class 8 $120,000

*The public School Bus Set-Aside and ISEF have separate voucher amounts. Visit the purchasers’ page for more information.

Base Voucher Amount Adjustments

Base Adjustment Type Adjustment Amount
Fleet Size Adjustments See Fleet Size Adjustments and Bulk Purchase Requirements 
Plug-in Hybrid -50%
In-Use Converted/Remanufactured (Bus) -50%
In-Use Converted/Remanufactured (Truck) -25%*

*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 base adjustments affect the base incentive amount of a voucher. These adjustments occur before any voucher modifier is applied. If applicable, the voucher modifiers are applied to the adjusted base incentive amount.

Voucher Modifiers

 
Modifier Type Modifier Amount
Class 8 Drayage Truck Early Adopter* +25%
Refuse* +25%
Disadvantaged Community** +15%
Class 8 Fuel Cell +100%
Public Transit Agencies*** +15%
School Buses for Public School Districts (not including Set-Aside funds) +65%

*As part of CARB’s Refuse Reimagined initiative, a voucher enhancement of 25% is applied to HVIP eligible refuse vehicles used for solid waste collection starting November 18, 2022. This increased incentive amount is available until Dec. 31, 2025. The existing Drayage Truck Early Adopter 25% voucher enhancement is also extended until Dec. 31, 2025.

**For vehicles domiciled in a disadvantaged community that are purchased or leased by any public or private small fleet with 20 or fewer trucks or buses, and less than $15 million in annual revenue for private fleets, or for any purchase or lease by a California Native American tribal government. There is no revenue provision for public or nonprofit fleets.

***The Public Transit Modifier is reserved for transit buses purchased by a city or county government; a transportation district/transit district; or a public agency. Public transit includes paratransit and microtransit services.

Eligible ePTO Voucher Table

 
Energy Storage Capacity Base Vehicle Incentive*
3 – 10 kWh $20,000
10 – 15 kWh $30,000
16 – 25 kWh $40,000
> 25 kWh $50,000

*Effective November 18, 2022, ePTO funding amounts may cover up to 65% of the incremental cost of the ePTO vehicle, not to exceed the funding levels listed in this table.

Voucher Calculator

The HVIP Voucher Calculator was created with the intent to estimate a voucher amount in HVIP. Users are encouraged to test out the HVIP Voucher Calculator to get a better understanding of how modifiers and base adjustments can affect a voucher amount. Currently voucher amounts can be estimated for Standard HVIP, Innovative Small E-Fleet Set-Aside (ISEF), Public School Bus Set-Aside and the Ports of Los Angeles and Long Beach funding. Funding amount for Zero-Emission School Bus and Infrastructure (ZESBI) incentive project are not available on this calculator. Please visit the ZESBI page for more information. This calculator does not take into account if a funding category has funding available. Please check out our Available Funding section above for accurate funding availability.

This calculator follows the FY23-24 Implementation Manual policy rules and will only be applicable to voucher requests submitted on or after 11/17/2023. The ISEF calculations are based on policy changes from the FY23-24 ISEF Appendix F effective 6/3/24. This calculator does not guarantee a voucher amount or eligibility for voucher modifiers and base adjustments. Currently all voucher modifiers can be stacked together, however there are possibilities where modifiers cannot be stacked due to eligibility requirements. Please use this tool at your discretion.

Voucher amounts are confirmed in the Voucher Processing Center once eligibility information has been submitted and the voucher request has been approved. If you have questions about voucher amounts, base adjustments, or voucher modifier eligibility or requirements, please see the Implementation Manual.

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