Range Energy’s RA Trailer Platform Achieves Updated Incentive Value Through California’s CORE Project; Now Eligible For Up To $120,000 Voucher Per Unit

In July 2023, Range was the first trailer electrification platform to become eligible for California's Clean Off-Road Equipment (CORE) Voucher Incentive Project, designed to help fleet owners and operators deploy zero emissions equipment

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Range Energy (Range), the hardware company bringing powered trailers to the commercial trucking market, today announced that the California Air Resources Board (CARB) updated the point-of-sale incentive value for its 53-foot electric trailer, the RA, from the original $80,000/unit to up to $120,000/unit through the Clean Off-Road Equipment (CORE) Voucher Project. In July 2023, Range became the first trailer electrification platform to be accepted into CORE, marking a huge milestone for the commercial trucking industry as it looks to accelerate decarbonization efforts.

“Becoming eligible for CORE proved that trailers truly matter in the transition to electric, and that CARB recognizes the meaningful impact electric powered trailers can have on reducing the emissions of the commercial trucking sector,” said Ali Javidan, Founder and CEO of Range. “Increasing our trailer platform’s incentive value by $40,000 further solidifies that position, and makes Range a realistic near-term solution for fleet owners and operators to deploy zero emissions equipment.”

Range is accelerating the electrification of commercial transportation through the development of powered trailers for the heavy duty freight market. Range’s electric-powered trailers hook up to any diesel-powered truck today, doubling its gas mileage while cutting NOx emissions by 67 percent.

CORE, part of the state-wide initiative California Climate Investments, is designed to help California fleet owners and operators deploy zero emissions equipment, providing a streamlined voucher process by which they can receive funding to offset the cost of cleaner off-road equipment as well as develop innovative ways to reduce pollution. As Range leverages the flexibility of its platform to include battery capacities up to 300 kWh, the CORE program voucher amount was extended to cover Range’s full product lineup.

For further information on the RA in the CORE catalog, please visit: https://californiacore.org/equipment-category/mobile-ground-power-units/

About Range Energy

Range Energy (Range) accelerates the electrification of commercial transportation via powered trailers for the heavy duty truck market. With a solution that can easily hook up to any tow vehicle, Range’s powered trailers offer offroad mobile power, and can rapidly ease the transition to electrification and meet its commercial partners' immediate needs and long-term ambitions. Range was founded in 2021 and is led by a team with deep EV industry expertise from Tesla, Zoox, Honda, and more. The company is backed by leading investors including UP Partners, R7, Yamaha Motor Ventures, and more.