EV Incentives & Funding Opportunities | Workhorse

Incentives & Funding Opportunities

Save money while going electric!

Explore the many available incentives and funding opportunities available for fleets.

Governments and utility companies have introduced a range of funding programs to incentivize the transition to electric vehicles for fleets.

These programs are designed to help fleet owners and operators overcome the higher upfront costs of electric vehicles and accelerate the deployment of more sustainable transportation solutions. Fleet operators can access federal, state, tribal, local, and utility funding programs to purchase electric vehicles and install charging infrastructure.

Below, find a few examples of some of the larger federal, state, and utility incentive programs available. These are provided as examples only, and Workhorse encourages fleets to contact our team to discover the incentive programs for which their team is eligible.

Examples of Incentives & Funding


The U.S. Treasury “45W” Commercial Vehicle Tax Credit enables businesses and tax-exempt organizations that buy a qualified commercial clean vehicle to qualify for a clean vehicle tax credit of up to $40,000 under Internal Revenue Code (IRC) 45W. The credit equals the lesser of:

  • 30% of your basis in the vehicle, for vehicles not powered by a gas or diesel internal combustion engine
  • The incremental cost of the vehicle

All Workhorse vehicles qualify for up to $40,000 of the 45 W CEV Tax Credit.

The U.S. Environmental Protection Agency’s Diesel Emissions Reduction Act (DERA) offers funding to upgrade or replace older diesel engines with newer, cleaner technologies, including EVs.

The U.S. Environmental Protection Agency’s Targeted Airshed Grant Program provides vehicle incentive funding to reduce air pollution in the nation’s areas with the highest levels of ozone and PM2.5 ambient air concentrations.

State of California

The California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) provides point-of-sale vouchers for fleets to purchase EVs and other clean vehicles at significantly reduces rates. Additional state funding may be available in California for vehicles as well as infrastructure. Learn more >

State of New York

The New York City Clean Truck Program is a rebate incentive funding program created to reduce exhaust emissions. It achieves this by incentivizing the replacement of diesel trucks with electric trucks that match the performance of their traditional internal combustion engine (ICE) counterparts. Learn more >

State of Massachusetts

The Massachusetts MOR-EV program stands out as one of the most accessible, expedient, and promising funding opportunities nationwide. Base vouchers range between $30,000-$60,000 for all Workhorse vehicles. Learn more >

State of Pennsylvania

The Pennsylvania Department of Environmental Protection is providing incentive grants that can cover up to 60% of a Workhorse vehicle. Learn more > 

Utility Programs

Several utilities across the U.S. offer EV fleet infrastructure incentives for fleets to switch to electric or hybrid vehicles, including:


Colorado, Minnesota, New Mexico, Wisconsin

New York

For a more complete list of laws and incentives, consult the Department of Energy’s Alternative fuels Data Center here.