Electric vehicle and Hydrogen fuel cell vehicle signs

ZEV Credits

Manufacturer Volume Status

The Zero Emission Vehicle Regulation requires large-volume and intermediate-volume manufacturers selling vehicles in Vermont to provide zero emission vehicles (such as battery electric and fuel cell vehicles), clean plug-in hybrids, clean hybrids and clean gasoline vehicles with near-zero tail pipe emissions.  The manufacturers listed to the right include 2015 vehicle manufacturers subject to the ZEV requirements.

Manufacturer ZEV Requirement

A vehicle manufacturer’s ZEV requirement is based on a percentage of its passenger cars and light-duty trucks from 0 to 8,500 pounds, delivered for sale in Vermont. The table below is the 2015 Vermont vehicle production of large-volume and intermediate-volume manufacturers subject to the ZEV requirement. Manufacturers may exclude ZEV vehicles from their obligation basis.

 

Large Volume

  • Fiat Chrysler
  • Ford
  • General Motors
  • Honda
  • Nissan

Intermediate Volume

  • BMW
  • Hyundai
  • Kia
  • Jaguar Land Rover
  • Mazda
  • Mercedes Benz
  • Subaru
  • Volkswagen
Large and Intermediate-Volume Manufacturer Vehicles Delivered for Sale in Vermont for 2015 Model Year
Manufacturer Passenger and LDT
BMW 475
Fiat Chrysler 4,346
Ford 4,065
Subaru 5,702
General Motors 8,553
Honda 3,351
Hyundai 686
Jaguar Land Rover 0
Kia 1,379
Mazda 337
Mercedes Benz 193
Nissan 2,023
Toyota 8,253
Volkswagen 1,444
TOTAL 40,807

LDT = light duty truck 0-8,500 lbs.

Manufacturer 2015 ZEV Credit Balances and Transfers

In complying with the ZEV Regulation, Large and Intermediate Volume manufacturers supply vehicles in Vermont which generate credits based on vehicle type. Small Volume manufacturers without a formal obligation to supply vehicles may also earn credits that may be banked or sold. The table below lists credit balances as of October 1, 2016 generated since the start of Vermont’s ZEV program in 2000, although requirements for placements began only in 2007. The credits are in units of grams per mile Non-Methane Organic Gases (g/mi NMOG) converted to ZEV Credits.  

Note: in various Model Years manufacturers may have earned credits in Vermont for placements in other States adopting the California Low Emission/Zero Emission Vehicle Regulations through a mechanism known as “Travel”, meant to foster technology development without placing undue burden upon manufacturers.

Model Year 2015 Manufacturer Cumulative ZEV Credits
MFR FCV BEV 1.5x/IIx NEV+ TZEV AT PZEV PZEV
BMW
0.00
1,902.79
26.44
0.00
0.00
0.00
0.00
Daimler AG
898.38
4,863.33
0.00
0.00
0.00
0.00
2.60
Fiat Chrysler
0.00
1,661.73
0.00
1,523.34
1,202.46
0.00
0.00
Ford
317.14
170.26
0.00
0.00
425.32
0.00
259.67
General Motors
0.00
627.64
0.00
24.45
4,730.00
0.00
51.00
Honda
2,011.19
477.14
0.00
0.00
3,402.92
114.77
154.93
Hyundai
751.52
0.00
0.00
0.00
0.00
28.30
38.36
Jaguar Land Rover
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Kia
737.06
73.27
0.00
0.00
0.00
112.86
161.38
Mazda
0.00
30.00
0.00
0.00
0.00
0.00
269.73
Mitsubishi
0.00
0.34
0.00
0.00
0.00
0.00
29.54
Nissan
481.40
379.67
0.00
0.00
303.57
0.00
34.39
Polaris
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Subaru
0.00
0.00
0.00
0.00
0.00
67.70
4,342.64
Tesla
0.00
130.00
0.00
0.00
0.00
0.00
0.00
Toyota
604.88
468.84
0.00
174.27
1,150.21
2,668.76
0.00
Volkswagen
1,363.43
44.20
0.00
0.00
0.00
14.31
10.16
Volvo
0.00
0.00
0.00
0.00
0.00
0.00
28.06
TOTALS
7,165.00
10,829.21
26.44
1,722.06
11,214.88
3,006.70
5,382.46

[1] Through Model Year 2014, ZEV credits were recorded as grams per mile of NMOG, reflecting greater value for earlier year placements, due to a larger multiplier from a numerically declining annual fleet average NMOG requirement.  Starting in 2015, to reflect program changes, values are converted to ZEV Credits.  These current totals can be converted back to g/mi NMOG by multiplying by .035.

Zero Emission Vehicle (ZEV) Definitions

  • FCV = Fuel Cell Vehicle
  • BEV = Battery Electric Vehicle
  • 1.5x/IIx = Range extended BEVs with All Electric Ranges of >75<100 miles, and >100 miles, respectively
  • NEV = Neighborhood Electric Vehicle, a low speed, limited range vehicle
  • NMOG = Non-Methane Organic Gases
  • TZEV = Transitional Zero Emission Vehicle, e.g., "plug-in hybrid"
  • AT PZEV = Advanced Technology Partial Zero Emission Vehicle, e.g., "hybrid"
  • PZEV = Partial Zero Emission Vehicle

Public Transfer Report of 2015 Vermont ZEV Credits

Transferor Table
Transferor Vehicle Type Total Credits
Nissan BEV 15.00
Tesla BEV 58.00
  TOTAL 73.00
Transferee Table
Transferee Vehicle Type Total Credits
Ford BEV 15.00
Mazda BEV 30.00
Toyota BEV 28.00
  TOTAL 73.00