Under California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP), the Mullen Three, a battery-electric Class 3 truck with a suggested MSRP of $68,500, now qualifies for a rebate of up to $45,000. Plus, there is an available $7,500 federal tax credit.

The California Air Resources Board (CARB) has approved Mullen Automotive’s all-electric Class 3 low cab forward, the 2024 Mullen Three, for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).

EV Transition Funding Incentive through HVIP

The HVIP program plays a crucial role in fleets’ adoption of zero-emission technologies and accelerates commercialization by providing point-of-sale vouchers to make advanced vehicles more affordable.

 Mullen said when considering the $45,000 cash voucher and the $7,500 federal tax credit, the net effective cost of buying a Mullen Three could be less than $17,000. 

“California’s HVIP approval for the 2024 Mullen Three is a significant milestone making our Class 3 electric truck even more attractive and accessible to businesses seeking to electrify their fleets,” said David Michery, CEO of Mullen Automotive.

Mullen Gains CARB Approval for Class 3 Trucks

Mullen recently announced that it is now in receipt of CARB approval for both 2024 and 2025 Class 3 model years. Mullen’s Class 1 and Class 3 commercial vehicles are both in receipt of Environmental Protection Agency (EPA) and CARB certifications and in full compliance with U.S. Federal Motor Vehicle Safety Standards.

The all-electric Mullen Three is a Class 3 low cab forward EV truck with a 125-mile range and is purpose-built to meet the demands of urban last-mile delivery.

The chassis has a clean top-of-rail design to support a variety of upfits for vocational needs, to last-mile delivery, construction, landscaping, catering, and more.