The Port of Los Angeles and Port of Long Beach will make $60 million in Clean Truck Fund Rate funding available through the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) for vouchers toward the purchase of zero-emissions, Class 8 drayage trucks that operate at the San Pedro Bay ports complex.
The funds are available to applicants who apply at www.californiahvip.org
Each port is providing $30 million through the Clean Truck Fund (CTF) Rate, which collects $10 per twenty-foot equivalent unit from cargo owners on loaded containers entering and exiting the port complex. The CTF Rate is a key component of the San Pedro Bay Ports Clean Air Action Plan goal of 100% zero-emission drayage trucks by 2035.
The voucher program utilizes the existing HVIP funding application process to provide incentive funding toward eligible zero-emission truck purchases servicing the port complex.
Launched by the California Air Resources Board, HVIP is part of California Climate Investments, a statewide initiative that puts billions of cap-and-trade dollars to work by reducing greenhouse gas emissions, strengthening the economy and improving public health and the environment – particularly in disadvantaged communities similar to those adjacent to the ports
Funding is administered by CALSTART, the current HVIP administrator, on a first-come, first-served basis.
Voucher enhancements funded by the ports are $100,000 per truck for fleets with 10 or fewer trucks, and $75,000 for fleets with more than 10 trucks — additional to the HVIP drayage voucher amount of $150,000 per truck and any other applicable HVIP voucher enhancements.
The highest potential voucher amount is $250,000 per truck. This funding will support the purchase and deployment of up to 800 new zero-emission trucks.
For a complete list of HVIP funding requirements, including the eligible trucks and dealers, visit californiahvip.org.
For drayage purchasers who don’t meet the HVIP requirements for this specific funding – and for other types of vehicles – funds are still available through standard HVIP and other HVIP categories, including over $100 million in other drayage truck funds.
Source: www.portoflosangeles.org
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