Webinar Set for Phase 2 of the NJ Zero-Emission Incentive Program

Webinar will Showcase Recipients from NJ ZIP’s First Phase to Share Insights and Experiences

On Jan 27, 2023

The New Jersey Economic Development Authority (NJEDA) will host a webinar to provide small business owners in New Jersey with details of the expanded New Jersey Zero-Emission Incentive Program (NJ ZIP) on Thursday, Feb. 2. Several small business owners who are Phase 1 recipients of the program will share their testimonials and experiences.

NJ ZIP aims to accelerate the adoption and use of zero-emission vehicles across the state, reduce overall pollutants, and help institutions and businesses go green. More than $39 million in vouchers has been approved through Phase 1 of the program. Those who benefited from the vouchers will discuss the impact on their organizations and take questions from prospective applicants. Learn more about NJZIP here.

The NJEDA announced the $45 million expansion of the program in July 2022, which includes two important additions – statewide eligibility and purchase of heavy-duty in addition to medium-duty vehicles. The program first launched in 2021 as a pilot program available only to businesses in the greater Newark and Camden areas, and subsequently expanded to the greater New Brunswick and greater Jersey Shore areas. Phase 1 of the program only supported medium-duty vehicles.

Purchasers will be able to apply for vouchers ranging from $20,000 to $175,000, based on vehicle class, to support their purchases of medium- and heavy-duty vehicles that meet zero-emission standards. Additional bonuses are available. The application for Phase 2 of NJ ZIP is expected to launch in the coming weeks.

Complete program eligibility and details can be found at http://www.njeda.com/njzip.

The webinar is scheduled 12:00 p.m. to 1:00 p.m. on Feb. 2. Those interested can find out more about the program and register for the webinar at https://www.njeda.com/event/nj-zip-purchaser-application-overview/. A recorded version of the information session will be posted at http://www.njeda.com/njzip following the event.

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