Nikola Corporation, a global leader in zero-emission transportation and energy infrastructure solutions, announced that its Nikola Tre battery electric vehicle (BEV) has been approved by the California Air Resources Board (“CARB”) for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (“HVIP”).

With this approval, buyers of the Nikola Tre BEV can now qualify for a $120,000 per vehicle grant, which will help lower the total cost of ownership for any buyer operating in the state of California.

Nikola Corporation announced that its Nikola Tre battery-electric vehicle (BEV) has been deemed eligible for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (“HVIP”) program by the California Air Resources Board (“CARB”). With this approval, purchasers of the Nikola Tre BEV can now qualify for an incentive valued at $120,000 per truck, helping to reduce the total cost of ownership for any purchaser operating in the state of California.

Launched in 2009 by the California Air Resources Board, HVIP is the first model in the U.S. to demonstrate the function, flexibility, and effectiveness of a limited pool of incentives to reduce the incremental cost of clean commercial vehicles, awarded on a first-come, first-served basis. HVIP is administered by CALSTART, a national nonprofit clean transportation consortium, on behalf of CARB.

With a range of up to 350 miles, the Nikola Tre BEV is expected to have the longest range among current HVIP-approved Class 8 tractors. The Tre’s cab design is ideal for short-haul applications, offering better visibility and maneuverability, as well as a smooth and quiet ride with no diesel odor.

“We applaud CARB’s commitment to a greener future through the HVIP program,” said Michael Erickson, Nikola’s Global Head, Battery-Electric Vehicles. “Our HVIP approval is anticipated to help dramatically reduce greenhouse gas emissions and lowers the total cost of ownership for Nikola’s California-based customers.”