PHOENIX — Nikola Corporation has received approval from the California Air Resources Board (CARB) for its Tre hydrogen fuel cell electric vehicle (FCEV) to be eligible for CARB’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project program (HVIP).
“This approval will now enable customers of Nikola’s Tre FCEV to access a point-of-sale incentive starting at $240,000 and ranging up to $288,000 per truck in 2023,” a news release stated.
Customers will also be eligible for a $40,000 clean commercial vehicle tax credit from the federal government due to the passage of the Inflation Reduction Act.
It is estimated that Class 8 heavy-duty trucks may be eligible for approximately $457 million in funding through the HVIP program in 20231, with potentially an additional $45 million per year to be provided by each of the Ports of Los Angeles2 and Long Beach3, which may also be distributed through HVIP.
“The inclusion of the Nikola Tre FCEV in California’s HVIP program is a very exciting development as we continue introducing innovative zero-emission truck technology options in our priority sales market and distinguish ourselves as the only OEM offering both battery-electric and FCEVs this year,” Nikola President and CEO Michael Lohscheller said.
“The combined incentives available to customer fleets through the HVIP program and the Inflation Reduction Act are critical for driving a competitive total cost of ownership and accelerating market adoption of the Tre FCEV, which will be powered by the hydrogen fuel supply and infrastructure implemented through HYLA, Nikola’s recently launched hydrogen energy brand, and with service provided by our national dealer network. We look forward to delivering the Nikola Tre FCEVs to customers later this year.”
In the coming months, Nikola will be collaborating on commercial demonstrations of the Tre FCEV with potential fleet customers in California. Interested fleets can visit with Nikola dealers nationwide to familiarize themselves with the Tre vehicle platform by experiencing the Tre BEV, which includes the advanced technology and driver-centric design that will be featured in the Tre FCEV. Nikola and its dealers are now taking orders and submitting HVIP voucher requests for the Tre FCEV.
Nikola Tre FCEV has a range up to 500 miles.
Nikola’s Tre BEV, with a range of up to 330 miles, qualified for HVIP certification in California in January 2022. California purchasers of the Nikola Tre BEV may qualify for an incentive valued at $120,000 per truck, and $150,000 for drayage fleets, helping to reduce the total cost of ownership. The Tre BEV is also eligible for a variety of other incentives across the United States, including the $40,000 clean commercial vehicle tax credit from the federal government. The Tre BEV started serial production in March 2022 and is available for purchase and delivery now. For more information, please visit Nikola Electrify Your Fleet.
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