Outcomes and Results for the Innovative Small e-Fleet Pilot Program
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Clean Transportation Incentives
Project Statistics
ISEF vouchers are still in processing for the 2023-2024 Fiscal Year. In the third year of this pilot program, the following vouchers were requested:
- 36 unique small fleets requested vouchers for FY 2023-24
- 89% of vouchers requested were for trucks domiciled in disadvantaged communities
- Average fleet size for participants was 5 vehicles
- $25M allocated for Fiscal Year 2020-21, an additional $10M was allocated from broader HVIP to meet the demand by small fleets
- $33M allocated for Fiscal Year 2022-23, was reserved exclusively for innovative solutions such as short-term eases, rentals, and truck-as-a-service through approved ISEF providers, an additional $50M was allocated from broader HVIP to further fund ISEF vouchers for small fleets' standard purchase requests
- $14.3M allocated for Fiscal Year 2023-24
- $14.97M allocated for Fiscal Year 2024-25
Voucher Redemption
Fiscal Year | Funding Redeemed | # of Vouchers | % DAC |
---|---|---|---|
FY 2021-23 | $7 M | 34 | 61 |
FY 2022-23 | $6 M | 64 | 87 |
FY 2023-24 | $6.7 M | 69 | 89 |
FY 2024-25 | $553 K | 6 | 50 |
The number of vouchers finalized, and the funding redeemed, increases as vouchers continue to be processed.