The State: New Jersey
Which agencies came together to fund state electrification?
- Regional Greenhouse Gas Initiative’s
- New Jersey Department of Environmental Protection
Funding Source: VW Settlement Funds
How will funding be allocated?
- $37 million to projects that convert dilapidated diesel trucks, buses, port equipment, marine vessels, and trains to electric power
- The remaining monies to be used for EV charging equipment throughout the State.
Cole Schotz | New Jersey Firms Up Funding For Electrification Of Transportation Sector