The state of Nevada has just imposed a new law that mandates the reduction of upfront costs for zero-emission medium- and heavy-duty trucks and buses for commercial and public fleets.
Assembly Bill 184
Governor Joe Lombardo (R-NV) has finally signed into law the Nevada Clean Trucks and Buses Incentive Program or “Assembly Bill 184” this month. The newly-imposed law incentivizes Nevada businesses and public organizations to switch from diesel-powered fleets to zero-emission vehicles.
Assembly Bill 184 defines a clean truck or bus as a “medium-duty or heavy-duty vehicle … powered by electricity that is stored in a battery or produced by a hydrogen fuel cell and produces zero exhaust emissions.”
Incentives
An electric truck or bus‘ gross vehicle weight rating class will determine the base incentive. Notably, the state of Nevada only offers incentives for seven of the eight weight classes, starting with 2B. The 2B weight class has a base incentive of $20,000, and going up.
Meanwhile, the base incentive for the largest gross vehicle weight rating class 8 is $175,000. It is worth noting that Tesla produces class 8 electric Semi trucks in Nevada with a base price of about $250,000.
Apart from the base incentives under Assembly Bill 184, fleet customers can also access other incentives for particular categories.
For instance, the base incentive is increased by 20% for small enterprises and 33% for independent truck owners. Charter schools and school districts receive a 20% increase in the base incentive. Minority-, veteran-, LGBTQ-, and woman-owned small firms receive a 5% raise from the base incentive. These can all be added to one other appropriate increase.
Funding and schedule
The Nevada Clean Trucks and Buses Incentive Program will cover the costs for the incentives with 35% of the fund from the federal government’s Carbon Reduction Program.
As for the schedule, the program will be effective in January 2024.
See Also:
- States suspend EV incentives due to increasingly huge number of demand
- White House offers Tesla Superchargers subsidies but on one condition
- Tesla announces 500 GWh annual production target of 4680 battery cells in Nevada
- Tesla to unveil plans for the $3.5 billion Nevada plant for the Semi
- Tesla ramps up weekly production of 6,500 Powerwalls & 9K Battery Packs in Nevada
This government initiative is arguably a remarkable step towards a clean mobility future. That said, it is unsurprising that state public health organizations applaud the bill’s signing.
“Public health organizations across Nevada support the investment in zero-emission transportation because we know it is critical to improving air quality.
Establishing the Nevada Clean Trucks and Buses Incentive Program will reduce harmful greenhouse gas emissions and protect the air we breathe.”
John Packham, Nevada Public Health Association’s policy director (via the American Lung Association)