BYD announced that buyers of its line of American-made battery-electric transit buses and motorcoaches are eligible for incentives through the California Air Resources Board (CARB) 2022 Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). Vehicles in the voucher program include BYD’s entire battery electric transit bus and motorcoach lines.
HVIP is a first-come, first-served voucher incentive program designed to accelerate the market transformation by reducing the purchase price of zero-emission vehicles. There will be $569.5 million available in HVIP this year, with $70 million set aside for public transit vehicles. When the transit vehicle set-aside funds are fully requested, HVIP will continue to allow standard HVIP voucher requests for all public transit bus fleets pending funding availability.
The opening date and details on how the program will be conducted this year have not been finalized. Information about the program can be found here.
The voucher program includes BYD’s complete transit bus line, with the 30-foot K7M and the K7M-ER eligible for $85,000 in incentives, and the 35-foot K8M, 40-foot K9M and K9MD, and 60-foot K11M eligible for $120,000.
Among BYD’s coaches, the 23-foot C6M is eligible for $85,000 in incentives. Larger coaches, including the 35-foot C8M,35-foot Double Decker C8MS; 40-foot C9M; 45-foot C10M; and 45- foot Double Decker C10MS motor coaches are eligible for $120,000 vouchers.
Voucher amounts can be increased by an additional 10% if the vehicles are registered in a disadvantaged community. Voucher amounts can be increased by an additional 15% if the vehicles are purchased by a public transit agency.
The chassis of any vehicle receiving an HVIP voucher must be titled and licensed in California, and the vehicle must be California-registered.