Announced on December 13, 2022, the New Jersey Economic Development Authority (NJEDA) established the New Jersey Manufacturing Voucher Program (MVP). As a result, many New Jersey-based businesses are looking for environmentally conscious solutions to help their operations qualify for the incentives brought by these programs. With heavy equipment being a major component in manufacturing, and with diesel alone not qualifying for these sustainability-based programs, companies find themselves needing the alternate fuel solutions, such as electric. HEVI’s all-electric heavy equipment line will be that qualifying solution.
HEVI’s product line of zero-emissions all-electric heavy equipment, such as electric wheeled loaders and electric excavators, are the industry’s first solution for electrification in the heavy equipment space. When an organization purchases HEVI’s electric heavy equipment, not only will they already have major savings on fuel costs and maintenance, but the environmentally beneficial nature of the equipment will also allow the companies using HEVI’s products to be eligible for sustainability grounded incentives programs like the New Jersey Manufacturing Voucher Program (MVP). Incentive programs like the New Jersey Manufacturing Voucher Program (MVP) are not easily adopted by diesel heavy equipment without additional measures to make an attempt at qualification, but with the all-electric nature of HEVI’s heavy equipment product line, grant qualifications are met with ease.
HEVI equipment helps to bring businesses into the green revolution by providing quiet, emission-free operation in an industry known to be one of the greatest air polluters in the country. On top of helping to qualify businesses for grants and incentives like the New Jersey MVP, when compared with diesel models, HEVI equipment provides:
- Massive savings on fuel
- Reduced maintenance
- Reduced carbon footprint
Take a look below or at www.gethevi.com/equipment/ to explore HEVI’s NJ MVP-qualifying products: