NJ ZIP NEW JERSEY ZERO-EMISSION INCENTIVE PROGRAM

Open in new Tab NJ ZIP NEW JERSEY ZERO-EMISSION INCENTIVE PROGRAM The Purchaser and Vendor applications for NJ ZIP Phase 3 are now closed. The Authority will notify status updates directly to any applicants who had submitted applications that are under review or pending on the waitlist Sign up here to join our listserv and stay ahead of the curve with program announcements and updates! New Jersey Zero-Emission Incentive Program (NJ ZIP) is a $165M million voucher pilot launched by New Jersey Economic Development Authority (NJEDA) for Medium and Heavy Duty Zero-Emission Vehicles. The program reduces the up-front cost of these vehicles to eligible purchasers with the goal of accelerating the adoption of zero-emission medium and heavy-duty vehicles within New Jersey. Base voucher amounts for Phase 3 of the program will range from $15,000-$175,000. This program is designed to work with the  NJ ZEV (Zero Emission Vehicle) Financing Program which is a loan program that offers fixed, low-interest loans to commercial vehicle operators. This pilot is funded by Regional Greenhouse Gas Initiative (RGGI) proceeds allocated to NJEDA for the purposes of reducing harmful emissions, especially in communities disproportionately impacted by transportation emissions, and creating economic opportunity within the state. For the first 6 months following each round of funding, 50% of total program funding will be set aside for small business applicants domiciling their vehicles in Overburdened Communities. IMPORTANT INFORMATION TO READ BEFORE YOU APPLY: Vendor Application Walk-Through Purchaser Application Walk-Through APPLY HERE NJ ZIP Impact to Date (As of January 1, 2026) 110 $28.1M 247 Vouchers Redeemed NJ ZIP Funds Deployed Vehicles Deployed ”NJ ZIP is a fantastic resource for small businesses like mine to afford transitioning to an electric fleet as we strive to reduce our carbon footprint and the additional bonus it provides gives woman-owned minority businesses, like mine, the opportunity for progress.” -NJ Zip Phase 1 Approved Applicant Phase 3 Information: ELIGIBILITY & COMPLIANCE REQUIREMENTS VOUCHER AMOUNTS CONDITIONS OF FUNDING APPLICATION PROCESS NJ ZIP VENDORS & VEHICLES Phase 3: Eligibility & Compliance Requirements Purchaser To be eligible, an applicant must be: Be a institutional organization registered in New Jersey. In tax compliance and able to provide a valid NJ tax clearance certificate In good standing with the New Jersey Department of labor and New Jersey Department of Environmental Protection Must purchase and register a new zero emission Class 2b – Class 8 vehicle for institutional use within 18 months of voucher reservation Must operate 75% of vehicle miles in NJ and maintain vehicle registration in NJ for 3 years following delivery Project Vehicle Eligibility To be eligible, applicant new vehicle(s) must be: A new zero emission medium- or-heavy-duty vehicle. Retrofits and repowers of vehicles already owned by the Applicant are not eligible. Vehicles to be registered for personal use are not eligible for NJ ZIP funds. Purchased and registered within eighteen months of receipt of voucher approval. Procured from a Vendor that meets program eligibility requirements (detailed in the following section) Vendor To be eligible, a vendor must: Submit proof of valid NJ vehicle dealer license Provide a NJ Tax Clearance Certificate Agree to accept the Program’s voucher amount as a portion of the Applicant’s final vehicle payment, deducting the full voucher(s) amount from the upfront cost. Manage the commercial registration and installation of telematics prior to delivery Provide documentation to support buyer applications and functionality of the vehicle: A link to Vendor website that indicates eligible vehicles available for sale, and their related specifications