Hyundai New Zealand says two of its zero emissions heavy vehicles are eligible for grants under the Government’s Low Emissions Heavy Vehicle Fund (LEHVF).
This $27.7 million fund, administered by the Energy Efficient and Conservation Authority (EECA), aims to accelerate the adoption of zero and low-emission heavy vehicles across the country.
Hyundai New Zealand’s Mighty electric light-duty truck and the Xcient hydrogen heavy-duty truck are both approved for a grant through the LEHVF.
“This initiative represents a significant step forward for New Zealand’s transport sector,” says Grant Doull, national manager of hydrogen and eco commercial vehicles for Hyundai NZ.
“We are proud to offer these advanced electric and hydrogen solutions and support businesses in making a positive environmental impact.”
LEHVF grant details:
- Up to 25% of the purchase price for new zero-emissions vehicles, including battery electric and hydrogen fuel cell electric models.
- Up to 25% of the conversion cost for internal combustion engine (ICE) vehicles first registered in New Zealand between 1 August 2022 and 1 August 2024, converted to zero-emissions vehicles.
- Up to 25% of the purchase price for new low-emission vehicles such as plug-in diesel-electric hybrids and hydrogen-diesel dual-fuel vehicles.
- Up to 25% of the conversion cost for new ICE vehicles or used ICE vehicles first registered in New Zealand between 1 August 2022 and 1 August 2024, to run on low-emissions technologies.
