"As per the Times, the Tesla Semi's funding will come from California's Hybrid and Zero-Emission Truck and Bus Incentive Project (HVIP), which was designed to accelerate the adoption of cleaner medium- and heavy-duty vehicles. Since its launch in 2009, the HVIP has distributed more than $1.6 billion to support zero-emission trucks and buses across the state. In recent funding rounds, nearly 1,000 HVIP vouchers were provisionally reserved for the Tesla Semi, giving Tesla a far larger share of available funding than any other automaker."
"State officials have stated that certification details often involve confidential business information and that funding will only be paid once vehicles are fully approved and delivered. Still, the first-come, first-served nature of HVIP means large voucher reservations can effectively crowd out competing electric trucks. Incentive amounts for the Semi reportedly ranged from about $84,000 to as much as $351,000 per vehicle after data adjustments."
California's Hybrid and Zero-Emission Truck and Bus Incentive Project (HVIP) allocated roughly $165 million in provisional vouchers to the Tesla Semi; the HVIP has distributed over $1.6 billion since 2009. Nearly 1,000 vouchers were reserved for the Semi, giving Tesla a larger share of funding than other manufacturers, while the next-largest recipient received about $68 million. Vehicles must be approved by the California Air Resources Board and listed in the program catalog before funding is paid. Certification details can be confidential, funding is disbursed after full approval and delivery, and large early reservations can crowd out competing electric trucks. Reported per-vehicle incentives ranged from about $84,000 to $351,000. The Tesla Semi was unveiled in 2017 and has seen limited deliveries.
Read at TESLARATI
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