What the EECA heavy vehicle grant does for hydrogen affordability.

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  • Source:
    New Zealand Trucking Magazine. Nov2024, p102-103. 2p.
  • Subject Terms:
    GREEN fuels; HYDROGEN
  • Additional Information
    • Abstract:
      The article discusses the impact of EECA's 30 million U.S. dollars Low Emissions Heavy Vehicle Fund (LEHVF) on the affordability of hydrogen-powered and dual-fuel trucks in New Zealand. The fund significantly reduces the cost barrier for transport operators by covering up to 25% of the purchase price of zero-emission vehicles and conversions from diesel to hydrogen dual-fuel, thus promoting the transition towards cleaner transport technologies.