California adding new category to fleet hybrid incentive program; Ford Transit Connect Electric would be eligible for up to $15,000 state incentive
California will a new category to its HVIP (Hybrid Incentive Voucher Program) that covers light-duty zero-emissions commercial vehicles (between 5,001 and 8,500 lbs GVWR)—e.g., the Ford Transit Connect Electric—in November, according to an email from Chris Abarca, Director of Sales, West for Azure Dynamics (partner with Ford on the Transit Connect Electric). Vouchers for the category will reach up to $15,000 for a fleet’s first voucher, with $12,000 thereafter for the remainder of FY 2010-11.
Proposed FT 2011-12 HVIP voucher amounts (starting in February 2012) move to:
- $10,000 per vehicle for the first 30 vouchers (the first 3 vehicles are eligible for an additional $2,000)
- $8,000 per voucher for 31-65 vouchers
- $6,000 per voucher for 66 to 100 vouchers
The HVIP program utilizes AB 118 Air Quality Improvement Funding to assist fleets to migrate from ICE vehicles to electric and hybrids. These funds are available to any fleet public (Federal, State, Local) or private that register the vehicles in California. These incentives, along with the $7,500 Federal EV Tax Credit, will bring the ROI down to 2.5 years at current fuel prices, Abarca noted in his email.
Currently, the HVIP voucher categories start at 8,501–10,000 lbs GVWR, with a plug-in hybrid eligible for a base incentive of $10,000 and a zero emission vehicle in that weight category eligible for a base incentive of $15,000.