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The Ride: CA EV incentives, federal EV tax credits




Thor Trucks, based in North Hollywood, will offer all-electric semi trailers capable of hauling up to 80,000 pounds beginning in 2019. Pricing starts at $150,000.
Thor Trucks, based in North Hollywood, will offer all-electric semi trailers capable of hauling up to 80,000 pounds beginning in 2019. Pricing starts at $150,000.
Thor Trucks

The California Air Resources Board votes Thursday on a new funding plan for clean cars, trucks, buses and freight operations. Zero emissions vehicles of all kinds will be getting even more incentive money to help clean up California's perpetually bad air.

Funding for the 2017-2018 fiscal year includes $140 million for the Clean Vehicle Rebate Project which provides rebates of $2,500 to California buyers of battery-electric vehicles and up to $5,000 for hydrogen fuel cell electric vehicles, if they meet certain criteria.

The budget also calls for almost $400 million in incentives for heavy-duty vehicles, including trucks, buses and freight operations such as ships and airplanes.

"We've long sought to have significant funding to help bring about cleaner freight equipment and facilities," said Melanie Turner, a public information officer with the California Air Resources Board.

This year's clean transportation funding package also includes $25 million in settlement money from Volkswagen, which will be directed toward so-called equity projects for disadvantaged communities that are disproportionately affected by poor air quality, Turner said.

On a national level, Bloomberg Politics reports that the reconciled federal tax bill announced Wednesday will preserve the $7,500 tax credit available to buyers of electric vehicles.