The state of Washington has started a $112 million fund to help businesses dependent on diesel-powered vehicles to purchase low-emission electric commercial vehicles.
Much of the attention on electric vehicles has focused on passenger cars for the consumer. But now commercial vehicles that run on diesel are getting a closer look. Washington State has led state efforts to reduce carbon emissions, and a new program aims to reduce them further by encouraging purchase of electric trucks.
Fund offers vouchers for electric vehicles
The state’s Department of Transportation has announced a $112 million fund to finance vouchers that could pay as much as 40 percent of the cost of a new electric commercial vehicle. Called the Washington Zero-Emission Incentive Program, or WAZIP, the program covers more than 100 low-emission medium- and heavy-duty trucks as well as types of construction and farm equipment. Marine equipment is covered as well.
During a launch event in April, Washington Governor Bob Ferguson touted the program’s economic benefits. “It helps businesses modernize their fleets, dealerships increase their sales, and residents live healthier lives through reduced emissions,” he said.
Four states offer money for major manufacturers
Washington is among four states offering the vouchers. California, New York, and New Jersey offer similar programs. Major manufacturers are supported, such as Volvo, Freightliner, Hyster-Yale, and Silverback Marine.
Like passenger cars and vans, battery-powered and hybrid commercial vehicles are improving rapidly, with longer range and sodium-ion battery options less prone to fires.
Vouchers offered first-come, first-served
Vouchers are available on a first-come, first-served basis. Small businesses with less than $10 million in annual gross receipts may be eligible for larger incentives.
WAZIP is funded by Washington State’s Climate Commitment Act, passed in 2021. The law set up a market-based cap-and-invest program designed to reduce greenhouse gas emissions in the state.
Have you switched from diesel to electric? Tell us about it in the comments.
Discover more from Bureau of Environmental Security
Subscribe to get the latest posts sent to your email.