California Launches $1 Billion Electric Truck Rebate Plan
HOUSTON, TX (DTN) — The California Air Resources Board (CARB) announced Wednesday (5/13) the launch of the California Clean Fuel Reward (CCFR), a rebate program for electric medium- and heavy-duty trucks expected to become the largest utility-administered program of its kind in the country.
Funded through revenue generated by the state’s Low Carbon Fuel Standard (LCFS), the program makes $250 million available this year, with over $1 billion in total rebate funding projected through 2030, the CARB stated.
Beginning June 26, authorized retailers statewide will offer rebates ranging from $7,500 to $120,000 on new electric commercial vehicles, including drayage trucks, electric semis, box trucks, and delivery vans. Public fleets will also be eligible to purchase smaller Class 2b vehicles such as business-use pickup trucks.
CARB Chair Lauren Sanchez said the program returns LCFS revenue directly to truck buyers at the point of purchase, making zero-emission trucks a more competitive choice for fleets while improving air quality along freight corridors.
The program is administered by Southern California Edison on behalf of CARB and several utilities statewide. The announcement comes as zero-emission vehicles accounted for nearly 23% of new medium- and heavy-duty vehicle sales in California in 2024 — more than double the state’s target.
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