Funding Updates

HVIP re-opened to voucher requests on March 30, 2022 with nearly $430 million available across standard HVIP and set-aside funds for public transit buses, class 8 tractors performing drayage operations, and school buses. The Innovative Small E-Fleet (ISEF) set-aside opened with $23.6 million on August 31, 2022 and is now closed for voucher requests.

HVIP still remains open for all voucher requests. While funds specifically set aside for drayage trucks, school buses, and ISEF have been fully subscribed, requests for these vehicles continue to be accepted and funded out of standard HVIP funds, first-come, first served.

The table below shows currently available funds, and will continue to be updated daily during business hours. Dealers will also be advised of funding status via the online Voucher Processing Center portal. 

If you have voucher-specific questions, please contact [email protected].

The Port of Los Angeles made an additional $5 million available for drayage vehicles starting Sept. 12. See more information in our news posting.

Funding Status

This table is updated daily during business hours.

Funding Category  Funding Category Status  Funding Available*
Standard HVIP Open $20 million available for fleets of any size; plus an additional $14 million available for fleets with 10 or fewer vehicles**
Public Transit Bus Set-Aside Open $48 million
Drayage Truck Set-Aside Fully Subscribed – but requests for Drayage Trucks can be funded through Standard HVIP Fully Subscribed – but requests for Drayage Trucks can be funded through Standard HVIP
Public School Bus Set Aside for Small and Medium Air Districts Fully Subscribed – but requests for school buses can be funded through Standard HVIP Fully Subscribed – but requests for school buses can be funded through Standard HVIP
Innovative Small e-Fleet Set-Aside Fully Subscribed – but requests from small fleets can be funded through Standard HVIP Fully Subscribed – but requests from small fleets can be funded through Standard HVIP

* As of 9/30/2022

** This takes into account the Small Fleet Provision in the FY21-22 Implementation Manual. HVIP will reserve $25 million of standard HVIP funds (exclusive of set-asides) for fleets of 10 or fewer trucks or buses until the third quarter of 2022. If small fleets have not already requested $25 million by Oct. 1, 2022, any remaining funding from the $25 million reserve would be available to fleets of any size. A small fleet is defined as any entity that has 10 or fewer vehicles with a GVWR greater than 8,500 lbs under common ownership and control and domiciled in California, including inoperable or unregistered vehicles. Unredeemed HVIP vouchers count toward this total. For example, a fleet with 8 vehicles with a GVWR greater than 8,500 lbs under common ownership and control and domiciled in California that also has 4 existing unredeemed voucher requests does not qualify as a small fleet in HVIP. Any entity requesting more than 10 HVIP vouchers also does not qualify as a small fleet in HVIP.

Learn more

Check out our FY21-22 Implementation Manual or visit our FY21-22 Implementation FAQs to learn how to participate in HVIP!

FY21-22 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

*FY21-22 Public School Bus Set-Aside has a separate funding table. Visit the purchasers’ page for more information.

FY21-22 Voucher Modifiers

 
Modifier Type Modifier Amount
Class 8 Drayage Truck Early Adopter +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%
Plug-in Hybrid -50%
In-Use Converted/Remanufactured -50%

*For vehicles domiciled in a disadvantaged community that are purchased or leased by any public or private small fleet with 10 or fewer trucks or buses, and less than $50 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 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 services.

FY21-22 Eligible ePTO Voucher Table

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

*ePTO funding amounts may cover up to 50 percent of the incremental cost of the ePTO vehicle, not to exceed the funding levels listed in this table.

Example Calculation

An approved vehicle’s voucher amount is determined by multiplying the appropriate base incentive amount with applicable voucher modifiers. There can be multiple modifiers, but the additions or subtractions do not compound. This example is for illustrative purposes only. A local air district grant provides $100,000 to a private fleet to replace an old truck with a new $140,000 diesel truck of 35,000 lbs GVWR. HVIP augments this grant by providing a $150,000 voucher for the purchaser to upgrade to a $300,000 zero-emission truck. The zero-emission truck incremental cost is $160,000. HVIP voucher amount combined with the air district funding cannot exceed 90 percent of the zero-emission vehicle purchase cost (excluding taxes and fees). HVIP funding may not pay for any taxes or fees. Taxes and fees must be paid for by another funding source.

In this case, $150,000 HVIP voucher < $160,000 vehicle incremental cost

$100,000 district grant + $150,000 HVIP voucher = $250,000

$300,000 * 90 percent = $270,000

$250,000 total public funds < 270,000

The transaction can proceed without discounting HVIP voucher.

Looking for funding options beyond HVIP?

Check out the Funding Finder Tool

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