California Air Resources Board

Cumulative Outcomes as of June 1, 2024

• $10 million allocated, including Budget Act of 2024 funds
• Program recently launched - CARB will report progress as data becomes available

Staff will use several methods to evaluate the Zero-Emission Truck Loan Pilot. Staff will collect data on all the loans enrolled in the pilot from CPCFA, including all information provided by prospective borrowers submitted on loan applications, vehicle information, and supporting infrastructure. CARB will work closely with the participating lenders through CPCFA to monitor the program.  

The Project will help program staff learn about what small business fleets need to transition to zero-emission vehicles by analyzing project data and evaluating deployment success. Adjustments will be made where necessary if actual outcomes do not meet the original pilot goals and legislative intent. In conjunction with stakeholders, staff will work to develop key parameters and critical data needed to evaluate pilot deployments. Staff will also monitor pilot participation in disadvantaged and low-income communities and solicit input from lenders and borrowers to understand how the program has influenced purchasing behaviors.