Provided that Nikola founder Trevor Milton was convicted of fraud final October, you would be excused for pondering his firm would quickly go the best way of the dodo. Nevertheless, that hasn’t occurred.

Since his conviction, Nikola has continued the roll-out of its Tre hydrogen truck and has simply introduced that it has acquired approval from the California Air Assets Board for the Tre FCEV to be eligible for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Mission program (HVIP).

What this implies is that clients of the Tre FCEV can be eligible for a point-of-sale incentive beginning at $240,000 and ranging as much as $288,000 per truck all through 2023. Moreover, clients can be eligible for a $40,000 clear business automobile tax credit score by the U.S. authorities’s Inflation Discount Act.

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Class 8 heavy-duty vehicles are anticipated to be eligible for as a lot as $457 million in funding by the HVIP program this yr.

Learn: Nikola Debuts Tre BEV And FCEV Vans In Europe

“The inclusion of the Nikola Tre FCEV in California’s HVIP program is a really thrilling improvement as we proceed introducing modern zero-emission truck expertise choices in our precedence gross sales market and distinguish ourselves as the one OEM providing each battery-electric and FCEVs this yr,” president and chief govt of Nikola, Michael Lohscheller, stated in a press release. “The mixed incentives obtainable to buyer fleets by the HVIP program and the Inflation Discount Act are important for driving a aggressive whole value of possession and accelerating market adoption of the Tre FCEV, which can be powered by the hydrogen gas provide and infrastructure applied by HYLA, Nikola’s not too long ago launched hydrogen power model, and with service offered by our nationwide seller community. We sit up for delivering the Nikola Tre FCEVs to clients later this yr.”

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Whereas the Nikola Tre BEV has been in the marketplace since early 2022, the corporate continues to be gearing up for the launch of the Tre FCEV. It can collaborate on business demonstrations with potential fleet clients in California and says that when the truck does hit the highway, it is going to have a variety of as much as 500 miles and take simply 20 minutes to refuel at deliberate HYLA fueling stations.

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