Nikola’s Tre FCEV Gets California Air Resources Board Approval, Eligible for HVIP Incentives

PHOENIX – Nikola Corporation, a global provider of zero-emission transportation solutions, has received approval from the California Air Resources Board (CARB) for its Tre hydrogen fuel cell electric vehicle (FCEV) to be eligible for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) program. This approval will provide customers of the Tre FCEV with point-of-sale incentives starting at $240,000 and ranging up to $288,000 per truck, available in 2023. Additionally, customers will be eligible for a $40,000 clean commercial vehicle tax credit from the federal government.

HVIP is a program aimed at reducing the total cost of ownership for hybrid and zero-emission commercial vehicles in California and is designed to accelerate the adoption of these vehicles. The program is unique in that it does not require the retirement of an existing diesel vehicle. With the introduction of its Tre battery-electric vehicle (BEV) and infrastructure solutions, Nikola is providing innovative options for fleets looking to combat pollution and climate change.

Michael Lohscheller, President and CEO of Nikola, said, “The inclusion of the Nikola Tre FCEV in California’s HVIP program is a major milestone as we continue to introduce zero-emission truck technology in our priority sales market. The combined incentives through the HVIP program and the Inflation Reduction Act are crucial for driving the competitive total cost of ownership and accelerating market adoption of the Tre FCEV.”

Nikola will be collaborating with potential fleet customers in California on commercial demonstrations of the Tre FCEV in the coming months. The Tre FCEV, with a range of up to 500 miles, is expected to have one of the longest ranges of all commercially available zero tailpipe emission Class 8 tractors, while realizing weight savings compared to comparable BEVs. It has an estimated fueling time of 20 minutes at HYLA fueling stations.

The Tre BEV, with a range of up to 330 miles, qualified for HVIP certification in California in January 2022. California purchasers of the Tre BEV may qualify for an incentive valued at $120,000 per truck and $150,000 for drayage fleets. The Tre BEV started serial production in March 2022 and is now available for purchase and delivery.

Nikola is committed to making the transition from diesel to zero-emissions technologies seamless and is expanding its public commercial hydrogen fueling infrastructure network. For more information, visit Nikola Electrify Your Fleet.


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