2024–2025 Investment Plan Update for the Clean Transportation Program

The 2024–2025 Investment Plan Update for the Clean Transportation Program guides the allocation of base program funding for Fiscal Year 2024–2025. Base program funding, originally established in 2008 through Assembly Bill 118 (Núñez, Chapter 750, Statutes of 2007) and most recently reauthorized in 2023 through Assembly Bill 126 (Reyes, Chapter 319, Statutes of 2023), totals $95.2 million in Fiscal Year 2024–2025. The 2024–2025 Investment Plan Update also includes Greenhouse Gas Reduction Fund and General Fund allocations proposed through Fiscal Year 2027–2028, which totals $1.3 billion. In total, the plan proposes $1.4 billion of investments. The California Energy Commission (CEC) reviews the proposed allocations of base program funding annually and adjusts as needed.

This 2024–2025 Investment Plan Update is the sixteenth plan in the history of the program and reflects laws, executive orders, regulations, and other funding programs to reduce greenhouse gas emissions, petroleum dependence, and criteria pollution emissions for all Californians. Program priorities are determined with input from interested and affected groups, the Disadvantaged Communities Advisory Group, the Clean Transportation Program Advisory Committee, and CEC reports and analyses. These priorities are consistent with the program goal “to develop and deploy innovative technologies that transform California’s fuel and vehicle types to help attain the state’s climate change policies.”

This 2024–2025 Investment Plan Update establishes funding allocations based on identified needs and opportunities, including a focus on zero-emission vehicle infrastructure. The Investment Plan also prioritizes jobs, economic stimulus, and equity.

This Lead Commissioner Report version of the 2024–2025 Investment Plan Update follows two draft reports and is guided by feedback from three public meetings.