Energy Infrastructure Incentives for Zero-Emission Commercial Vehicles (EnergIIZE) funding allocation of $16.24 million was recently awarded to provide incentives to purchase infrastructure equipment for medium- and heavy-duty (MD/HD) zero-emission vehicles (ZEVs) operated and domiciled in California.
The EnergIIZE Commercial Vehicles Project funds are being implemented by CALSTART via “EV Fast Track.” EnergIIZE has a total authorized allocation of $276 million through 2026.
The first of four funding allocations, or “funding lanes,” to be offered, EV Fast Track opened on March 23; targeting fleets with commercial battery-electric vehicle commitments. Of the applications accepted, 85% met EnergIIZE’s Jump Start criteria, which provides additional incentives for those fleets domiciled in disadvantaged and low-income communities or who meet other equity criteria. Overall, the $16.24 million in allocated funds were spread among nearly 40 successful applicants across California, from a variety of commercial transportation specialties, including drayage, refuse, school bus and delivery services.
EV Fast Track funds cover 50% of eligible equipment and software costs, up to a maximum of $500,000 per project. For EV Fast Track projects that meet eligibility criteria as set forth in the EV Jump Start funding lane, applicants can receive up to 75% of equipment costs and soft costs, not to exceed $750,000 per project. Eligible equipment includes level-2 electric-vehicle supply equipment (EVSE), direct-current (DC) fast-charge EVSE, management software, switchgears, electrical panel upgrades, wiring and conduit and meters.
EnergIIZE says it will be opening three additional incentive lanes in 2022, supporting hydrogen fueling stations, public charging infrastructure and EV jump-start applicants.