Medium- and Heavy-Duty (MHD) Zero Emission Vehicle (ZEV) Financing Program

The California Pollution Control Financing Authority (CPCFA) must develop and implement a purchasing assistance program for MHD ZEV fleets. CPCFA must consult with stakeholders to design a program that provides financial support and technical assistance to fleet managers deploying MHD ZEVs. CPCFA must designate high-priority fleets, considering implications for climate change, pollution, environmental justice, and post-COVID economy recovery. A minimum of 75% of financing products must be directed towards operators of MHD ZEV fleets whose fleets directly impact, or operate in, underserved communities. CPCFA must establish the program by January 1, 2023, and provide annual reports on program outcomes to the California Air Resources Board.

(Reference California Health and Safety Code 44272)

Jurisdiction: California

Type: State Incentives

Enacted: Oct 7, 2021

Technologies: EVs, Hydrogen Fuel Cells, PHEVs

See all California Laws and Incentives.