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IncentivesMap
New MexicoLoan Program

Alternative Fuel Vehicle Loan Program

You getUp to $20000
Apply on official siteView on DSIRE

Quick facts

Incentive type
Loan Program
Amount
Up to $20000
Administrator
New Mexico Department of Energy, Minerals, and Natural Resources
Program budget
$5 million
Applies to
State, Local Government, Schools, State Government, Institutional
Technologies
Medium-Duty Electric Vehicles, Heavy-Duty Electric Vehicles

Dates

Source last updated
May 21, 2025

About this incentive

The Alternative Fuel Acquisition Loan Fund was created in the state treasury as a revolving loan fund. The fund balance does not exceed $5 million and is administered by the New Mexico Department of Energy, Minerals, and Natural Resources. The loans are for the state government, political subdivisions, and educational institutions. For more information, visit the program website.

Data updated . Always confirm details on the official program website before applying. Programs change frequently.