On Sept. 20 and 22, the New Jersey Economic Development Authority (NJEDA) will host two virtual information sessions for potential vendors who want to participate in the New Jersey Zero Emission Incentive Program (NJ ZIP).
During the events, NJEDA staff will walk attendees through NJ ZIP’s expanded eligibility, updated application processes, anticipated program timelines, the mandatory vendor application required to participate in Phase 2, and other changes.
NJ ZIP aims to help New Jersey businesses and institutions purchase new, zero-emission medium- and heavy-duty vehicles. Base vouchers will range from $20,000 to $175,000.
Phase 2 of the program offers a streamlined application process with two major eligibility changes, expanding the program to businesses and institutions statewide while also expanding eligibility to include heavy-duty vehicle classes.
The new phase will launch first with vendor applications, followed later by purchaser applications.
Vendors will need to apply to become approved vendors during a limited application window. Because of the updated eligibility requirements, vendors approved in Phase 1 must reapply for Phase 2.
Purchasers will be invited to a purchaser-specific webinar later this year.
More information on NJ ZIP is available here.