GreenPower Motor Company Secures Eligibility for Up to $90,000 per Vehicle Under New Jersey EV Incentive Program

Reuters
2025.11.24 13:30
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GreenPower Motor Company's EV Star line is now eligible for incentives under New Jersey's Zero-Emission Incentive Program (NJ ZIP). The program offers up to $90,000 per vehicle in incentives, with a total of $75 million available. Funds are distributed on a first-come, first-serve basis to support zero-emission vehicle adoption by commercial fleets in New Jersey.

GreenPower Motor Company Inc. announced that its EV Star line of all-electric, zero-emission vehicles is now eligible for incentives under the reopened New Jersey Zero-Emission Incentive Program (NJ ZIP). The program has allocated a total of $75 million in incentives, split into two funding rounds of $37.5 million each, available to multiple qualifying organizations, not just GreenPower. GreenPower’s eligible Class 4 vehicles can receive vouchers starting at $65,000 per vehicle, with potential bonuses bringing the total incentive to over $90,000 per vehicle. The NJ ZIP funds are distributed on a first-come, first-serve basis to support the adoption of zero-emission vehicles by commercial fleets across New Jersey. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GreenPower Motor Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA31510) on November 24, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)