Zero-Emission Truck Funding for Small Fleets with 20 Trucks and Fewer
Beginning August 30, 2023, eligible trucking fleets can access flexible financing options for zero-emission trucks through the Innovative Small e-Fleet Pilot (ISEF). Small trucking fleets and owner-operators face many barriers to adopting zero-emission technology, such as high upfront costs, limited financing & insurance options, and complex planning for fueling infrastructure. By dedicating a portion of HVIP funds to small fleets, CARB will better understand the specific needs of this traditionally underserved group and support their transition to zero-emission, especially for those subject to the Advanced Clean Fleets regulation . ISEF funding allows small fleets to request enhanced vouchers for standard financing, lease, rental, and truck-as-a-service options. HVIP and ISEF are both part of California Climate Investments, a statewide initiative that puts cap-and-trade dollars to work reducing greenhouse gas emissions, strengthening the economy, and improving public health and