The Nikola Tre FCEV is now eligible for purchase incentives in California

The Nikola Tre FCEV has received approval from the California Air Resources Board (CARB) to be eligible for CARB’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) program. This approval will now enable customers of Nikola’s Tre FCEV to access a point-of-sale incentive starting at $240,000 and ranging up to $288,000 per truck, in 2023.

California’s HVIP is an important incentive program intended to advance commercialization and to help reduce the total cost of ownership of hybrid and zero-emission commercial vehicles in the state of California. The program is unique in that it accelerates the adoption of zero tailpipe emission commercial vehicles on a first-come, first-served basis that does not require the retirement and scrappage of an existing diesel vehicle.

The Nikola Tre FCEV to become even more attractive

“The inclusion of the Nikola Tre FCEV in California’s HVIP program is a very exciting development as we continue introducing innovative zero-emission truck technology options in our priority sales market and distinguish ourselves as the only OEM offering both battery-electric and FCEVs this year”, stated Nikola President and CEO, Michael Lohscheller. “The combined incentives available to customer fleets through the HVIP program and the Inflation Reduction Act are critical for driving a competitive total cost of ownership and accelerating market adoption of the Tre FCEV, which will be powered by the hydrogen fuel supply and infrastructure implemented through HYLA, Nikola’s recently launched hydrogen energy brand, and with service provided by our national dealer network. We look forward to delivering the Nikola Tre FCEVs to customers later this year.”

With an estimated fueling time of approximately 20 minutes at planned HYLA fueling stations, based on expected technology advancements, and introduction of its mobile fueling options, Nikola is committed to making the market transition from diesel to zero-emissions technologies a seamless experience. It is anticipated this effort will further reduce the need for extensive electrical infrastructure planning and build-out as Nikola expands its public commercial hydrogen fueling infrastructure network.