Volvo VNR Electric eligible for funding and incentives
18 March 2021
A range of funding and incentive programs are available to help mitigate the costs of transitioning to zero-emissions vehicles such as the Volvo VNR Electric truck.
Volvo Trucks North America announced that the Volvo VNR Electric, its first commercially available battery electric Class 8 vehicle, is now eligible for dozens of funding and incentive programs across North America, including up to $120,000 per vehicle from California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).
“Funding and incentives are an important part of the total cost of ownership calculation for fleets deploying battery electric trucks,” said Peter Voorhoeve, president of Volvo Trucks North America. “With so many local and state-level funding opportunities available from coast to coast, combined with a robust sales and service support network from Volvo Trucks, there are more resources available than ever to guide and help make electrification seamless for customers.”
Volvo Trucks North America began taking customer orders for its VNR Electric model on Dec. 3, 2020. Production of the Volvo VNR Electric began in early 2021 at the company’s New River Valley manufacturing plant in Dublin, Virginia.
For more information, including a list of funding and incentive programs, click here.
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