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Home / Industry / Automotive / NYPA adds funding for electric vehicle loans (access required)

NYPA adds funding for electric vehicle loans (access required)

The New York Power Authority has approved an additional $3 million in funding to continue a zero-interest loan program for municipalities and cooperatives to purchase electric vehicles. The funding, approved last week, builds on the $8 million dedicated since 2003 for the agency’s Municipal and Rural Cooperative Electric Utilities Electric-Drive Vehicle Program, which provides financial assistance ...

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The New York Power Authority has approved an additional $3 million in funding to continue a zero-interest loan program for ...