Solectrac, maker of electric tractors and an operating company of Ideanomics, announced that its popular e25 compact electric tractor is now eligible for the Clean Off-Road Equipment (CORE) Voucher Incentive Program. Vouchers for Solectrac's e25 tractors are available immediately to provide financial assistance to California businesses and government agencies. The CORE Voucher Incentive Program is a $125 million project encouraging off-road equipment users to move zero-emission options.
Often upfront costs inhibit conversion to electric tractors even though over the life of the machine, Solectrac electric tractors provide substantial cost savings when compared to diesel," explains Mani Iyer, CEO of Solectrac. "The CORE vouchers will help offset the upfront cost of purchasing an electric tractor in comparison to similar disel models. We work with agencies around the country, so it is very exciting to have our e25 be a part of California's CORE Voucher Incentive Program."
CORE is instrumental in facilitating the transition to electric off-road equipment, which is as important as on-road electric vehicles in addressing climate change, lowering reliance on fossil fuels, and implementing new technologies. CORE works with the California Air Resources Board (CARB) to meet emissions goals and improve air quality statewide. Solectrac's acceptance into the CORE program illustrates the importance of including regenerative agriculture in the movement towards electrifying off-road equipment for the betterment of our climate as the e25 tractor offers a cleaner, cost-saving alternative to diesel tractors.
CORE vouchers work as a point-of-sale discount and have no scrappage requirement. Additional funding is available for charging and fueling infrastructure and for equipment deployed in disadvantaged communities. To request of CORE voucher for a Solectrac e25 tractor, visit https://californiacore.org.
