3 D Mhl Forklift Electrification Feature 627548e28eddb

Guidance for Navigating Fleet Electrification Incentives

May 23, 2022
The costs of electrifying a fleet, whether light, medium or heavy-duty, are significant and can be prohibitive. Learn how California-based food production company, Stir Foods, financed the electrification of their cargo handling vehicle fleet.

The financial upside of participating in the Low Carbon Fuel Standard (LCFS) is clear for electric forklift and other electric material handling equipment owners and lessees; however, the administrative requirements involved can be complex and burdensome. Managing the validation process, filing quarterly utilization data, and conducting annual reporting is a significant time investment and if done incorrectly can mean missed opportunities for revenue growth, fleet expansion. Stir Foods recognized that outsourcing LCFS credit monetization would allow them to capture the program's full value. Download our case study to learn more about the steps Stir Foods took under the LCFS.        

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