New York Offers $20,000 Incentive on Commercial Electric Trucks
To bring clean energy alternatives to New York State, Governor Andrew Cuomo announced the beginning of a five year electric truck buying incentive program.
The plan will give vouchers of up to $20,000 per vehicle to buyers who purchase environmentally qualified electric vehicles weighing over 10,000 pounds from any existing manufacturer.
The program, administered by the New York State Energy Research and Development Authority, will be funded in the first year by $10 million of federal Congestion Mitigation and Air Quality funding allocated by the New York State Department of Transportation.
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Smith Electric Vehicles US acquired its UK parent company on January 1, 2011 for $15m.
Smith Electric’s blue-chip customers praise the company for putting a serious product on the road and taking care of problems when they emerge.
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