Hyundai’s Green Trucks Eligible for Govt Funding

Two of Hyundai New Zealand’s zero-emissions trucks are now eligible for grants under the Government’s Low Emissions Heavy Vehicle Fund (LEHVF).

This $27.75 million fund is administered by the Energy Efficient and Conservation Authority (EECA). It aims to accelerate the adoption of zero and low-emission heavy vehicles across the country.

The LEHVF provides grants to customers for the purchase of zero and low-emission heavy vehicles on EECA’s list of approved vehicles. Hyundai New Zealand’s Mighty Electric light-duty truck and the XCIENT Hydrogen heavy-duty truck are now both on the list.

The former is an electric light-duty truck designed for urban and regional transport, offering zero emissions and high efficiency. It features a 114kWh battery and a 120kW/320Nm motor, offering range of 200km. Funding is capped at $35,000. 

The latter is a heavy-duty workhorse, delivering performance and efficiency for long-haul operations. It takes 8-20min to refuel and offers a range of 400km. Funding is capped at $200,000.

The grant means that the government pays for up to 25 per cent of the purchase price of a new battery electric or hydrogen fuel cell electric vehicle. A similar amount can go towards converting an ICE vehicle first registered in New Zealand between 1 August 2022 and 1 August 2024 to a zero-emissions or low-emissions vehicle.

Also on the list for grant eligibility are plug-in diesel-electric hybrids and hydrogen-diesel dual-fuel vehicles.

Grant Doull, National Manager of Hydrogen & Eco Commercial Vehicles for Hyundai New Zealand commented “This initiative represents a significant step forward for New Zealand’s transport sector.”

He added “We are proud to offer these advanced Electric and Hydrogen solutions and support businesses in making a positive environmental impact.”