The California Air Resources Board (CARB) has approved $373 million in grants to support alternative fuel vehicles. The Funding Plan for fiscal year 2015-2016 represents a $150 million increase over the previous fiscal year’s budget. Some of the key highlights from the funding plan include:
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$200 million for light-duty vehicle projects, including $163 million for the Clean Vehicle Rebate Project
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$167.5 million for heavy-duty vehicles and freight-equipment projects, including $59 million for advanced technology demonstration projects
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$20 million for pilot deployment of zero-emission trucks and $45 million for pilot deployment of zero-emission buses
The Funding Plan dedicates 50% of low-carbon transportation funds to benefit disadvantaged communities. This includes pilot projects to help owners of older, polluting vehicles trade up for the cleanest vehicle technologies available.
For more information and the full news release, click here.