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California project providesincentives for purchasinghybrid trucks and buses

Published Friday, February 05, 2010

A California project designed to stimulate the purchase and use of medium- and heavy-duty hybrid trucks and buses has opened for business at www.CaliforniaHVIP.org. The nearly $20 million Hybrid Truck and Bus Voucher Incentive Program (HVIP) was created by the California Air Resources Board (CARB) to help California truck and bus buyers to buy these advanced, low-emission vehicles by providing vouchers to directly reduce their cost. HVIP provides buyers with purchase vouchers ranging from $10,000 to $45,000 per eligible vehicle. However, vouchers are only available on a first-come, first-served basis, and buyers (fleets) are limited ...

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