Minnesota sees new round of funding for the switch from industrial electric vehicles
ST. PAUL – Minnesota regulators are offering more Volkswagen benchmark funds than ever to swap gas guzzlers for electric vehicles.
The state environmental protection agency this week announced $ 5.2 million in grant funding for businesses, municipalities, and nonprofits interested in dumping their old heavy-duty vehicles. About two-thirds of that, about $ 3.5 million, is for those looking to switch to all-electric alternatives.
According to spokeswoman Mary Robinson, this is the agency’s largest direct investment in electrification to date. The remaining $ 1.7 million will help retire older diesel vehicles in favor of newer, more economical vehicles.
Vehicles to be replaced under the new funding round include medium and heavy trucks, transit and shuttle buses, airport vehicles and forklifts. Applications will be accepted until August 9, 2021.
The money will come from the state’s $ 47 million deal with Volkswagen, which Minnesota won as part of a national lawsuit against the automaker for emissions test fraud. The settlement is set to be paid out over the 10 years that began in 2018.