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CARB approves almost $624M funding plan for programs to incentivize switch to ZEVs

The California Air Resources Board (CARB) approved an almost $624 million funding plan for its incentive programs that will continue to help Californians—from truck fleet operators to commuters—make the switch to zero-emission vehicles (ZEVs).

Under the plan, 63% of the 2023-2024 fiscal year’s investment funds will go toward bolstering equitable access, resources, and support for low-income and disadvantaged communities.

The Fiscal Year 2023-2024 Funding Plan for Clean Transportation Incentives also marks the launch of an expanded outreach process that includes surveys, meetings with community-based organizations, and the addition of monthly virtual meetings held in the evenings to increase access for Californians who have barriers to participating in the public process.

Key highlights in the funding plan include:

  • Continued funding to support the launch of a statewide Clean Cars 4 All and financing assistance projects, which will provide up to $12,000 in vouchers and financing assistance to help low-income Californians replace older cars with zero-emission vehicles.

  • Funding to support the new e-bike incentive project that will give up to $1,250 in vouchers to low-income Californians.

  • $375 million to help public school districts purchase zero-emission buses.

  • $10 million to launch a capacity-building educational effort that will give communities the tools they need to plan a clean mobility project and learn how to apply for funding resources.

  • Almost $60 million to support shared mobility projects, such as car or bike-sharing, in underserved communities.

  • $80 million for drayage fleet operators, as their transition toward zero-emission options begins in 2024.

  • $14.3 million for a financing assistance program that targets operators and owners of small fleets.

  • $14.3 million in vouchers for zero-emission off-road equipment, such as cargo-handling or construction equipment.

CARB’s incentive programs are intended to encourage the adoption of zero-emission options and have successfully supported the advancement of technology and encouraged the market to move toward cleaner options. There are now more than 100 light-duty vehicle options available for Californians to purchase, and more than 500 models available for heavy-duty vehicles and equipment.



Incentives for electric vehicles are a good use of tax dollars in benefits everybody

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