Log in | Subscribe | RSS feed

What’s New

California approves $2.6 billion for clean trucks and cars

18 November 2022

The California Air Resources Board (CARB) approved a “historic” $2.6 billion investment plan for incentives and subsidies to support California’s transition to zero-emission transportation. The investment represents the largest clean-transportation funding plan to date—previous funding totaled about $4 billion combined over the past 13 years.

This year’s funding is heavily weighted towards incentives for cleaner trucks and buses, but supported projects also include low-emission mobility options such as bike- and car-sharing, and consumer rebates for clean cars. The funding is focused on low-income communities and communities disproportionately burdened by environmental pollution, as well as small truck fleets.

Funded projects include:

The plan includes several program changes, including a big boost to clean car purchase incentives for lower-income buyers and increases support for small fleets. The changes include:

The investments are part of California’s strategy for improving air quality and reducing greenhouse gas emissions in the transportation sector. The 2022 state budget expands these efforts by $6.1 billion—in addition to an existing multi-year $3.9 billion commitment—for a total investment of $10 billion through fiscal year 2026-27.

The goal is to accelerate California’s transition to clean cars, trucks, and off-road equipment to meet Governor Newsom’s Executive Order to reach 100% ZEV sales for cars and medium-duty trucks by 2035, and for heavy-duty trucks by 2045. The funds are part of the administration’s California Climate Commitment.

Source: CARB