Category: LACI News

Los Angeles Cleantech Incubator Launches First In Nation Cleantech Loan Fund To Accelerate Equitable Climate Action

New LACI Fund to Provide an Affordable Alternative to Venture Capital For Startups; By Not Requiring Personal Collateral or Credit Scores, LACI Aims to Help Underrepresented Founders in Particular Overcome Historical, Institutional Barriers to Access to Capital

The Los Angeles Cleantech Incubator (LACI) announced the launch of their nationwide LACI Cleantech Debt Fund, a first-of-its-kind green loan program to scale early stage cleantech startups and accelerate equitable climate action. 

The $6 million fund will provide loans of $25,000 to $250,000 to an estimated 100 early-stage startups over five years, providing a non-dilutive alternative to venture capital for companies that need financing to support their first customer orders or working capital to scale their businesses. LACI endeavors to help underrepresented founders–in particular female, Black, and Brown founders–overcome some of the institutional and historical barriers they face in accessing capital to grow their business. Unlike most traditional bank loans, the LACI Cleantech Debt Fund will not require founders’ personal collateral or their personal credit scores in underwriting.

LACI created the Cleantech Debt Fund in partnership with anchor investors Sobrato Philanthropies and Homecoming Capital, who are aligned in their missions to support more entrepreneurial innovation to address climate challenges. Additionally, the Wells Fargo Foundation is providing a grant to cover initial operating costs and loan loss reserves.

“To help cleantech startups move at the speed and scale needed to meet the climate crisis, we created the LACI Cleantech Debt Fund as a new tool to give early stage cleantech founders a timely, affordable alternative to expensive venture capital and slow moving bank debt,” said LACI CEO Matt Petersen. “The LACI Cleantech Debt Fund will also help reduce barriers to capital for underserved founders from historically underrepresented communities–too many founders cannot access traditional bank financing as they lack adequate personal assets, or the personal networks needed to secure early stage investment.”

“We need lots of approaches to innovation to address our current climate challenges, and we’re excited to partner with LACI to fill a capital gap that will enable more companies, from more regions and founder backgrounds, to access investment for their growing businesses.” said Victoria Fram of Sobrato Philanthropies and Pat Arnold of Homecoming Capital. “LACI along with Greentown Labs, Evergreen Climate Innovations, and New Energy Nexus are well-positioned to source a diversified pipeline of entrepreneurial solutions, and we’re glad to partner with them as co-investors.”

“To scale a company like ours and keep creating jobs, you need funding that isn’t easily acquired by minority owned businesses,” said Josh Aviv, CEO and Co-Founder of SparkCharge, a portfolio company of both LACI and Greentown Labs, which received an initial loan from the LACI pilot debt fund. “LACI’s Cleantech Debt Fund helps level the playing field, reducing the financial risks and truly enabling businesses to thrive. They are incredible partners who understand the challenges startups face.”

“We are excited to have the Wells Fargo grant play a catalytic role in attracting other sources of capital to the new LACI Cleantech Debt Fund,” said Ramsay Huntley, Climate and Innovation Strategy Lead at Wells Fargo. “So many businesses will benefit from LACI’s commitment to climate equity and their ability to identify companies ready for greater investment. This fund represents a shared belief that entrepreneurs motivated by climate action have the power to make an impact even early in their business journey.”

“The scaled-up LACI Cleantech Debt Fund is paramount to giving our founders choices across the full capital stack, with debt on the one hand via this innovative fund and equity via the LACI Impact Fund on the other,” said LACI SVP Alex Mitchell.

LACI is also partnering with a limited network of leading incubation organizations whose portfolio companies will be eligible to qualify for loans from the Cleantech Debt Fund, including Greentown Labs (Boston, MA & Houston, TX), Evergreen Climate Innovations (Chicago, IL), and New Energy Nexus (Oakland, CA & New York, NY). LACI selected Impact investment firm Mission Driven Finance of San Diego, California to assist with loan origination and servicing, as well as supporting underwriting. Mastercard’s Racial Justice Pro Bono Program–which is a part of Mastercard’s In Solidarity initiative to drive racial equity and create equal opportunities for all–consulted on the Fund model.

After LACI conducted US DOE-funded research validating the need for early stage lending for cleantech startups, the organization piloted the debt fund concept–capitalized by a Wells Fargo Foundation grant–by underwriting loans totalling more than $300,000 to nine startups. The pilot debt fund has had zero defaults and no late payments, and included loans to SparkCharge, Envoy, and others (see below for examples). LACI first shared their DOE-funded research and commitment to creating a national cleantech debt fund at the Clinton Foundation economic conference in November 2019.

The LACI Cleantech Debt Fund joins the LACI Impact Fund I and non-dilutive pilot funds as capital for which LACI incubated startups are eligible to apply. After nine quarters of investing, the $5 million LACI Impact Fund I is nearly 100% deployed and has made equity investments in 15 LACI startups. The LACI Impact Fund empowers LACI founders to grow their early-stage cleantech companies, including ChargerHelp! CEO Kameale Terry which has gone on to build a nationwide network responsible for maintaining 30,000 EV charging stations while ensuring their technicians earn a minimum of $30 per hour with a guaranteed 40-hour work week. LACI is now out to market in raising LACI Impact Fund II.

Sample LACI Pilot Cleantech Debt Fund Recipients

Initial LACI’s pilot debt fund loans to startups include:

SparkCharge:  SparkCharge received a $40,000 low-interest loan for their on-demand mobile electric vehicle charging solutions. The company leveraged the funds to help scale operations, hire 40 employees, including a graduate of LACI’s Green Jobs Workforce Training Program, and develop the Roadie Portable EV Charging System. The loan from LACI’s Debt Fund also enabled SparkCharge to raise nearly $24 million in additional capital through equity and debt funding. On March 1, 2022, after the recent launch of SparkCharge’s Currently app, Kia America and Currently announced a partnership that provides EV owners with on-demand concierge service, allowing them to charge their EVs when and where they want.

Envoy: Envoy, a provider of shared, on-demand, community-based EV’s, also leveraged the LACI Debt Fund to grow their business. LACI selected Envoy to operate a pilot community car-share program for residents of the Housing Authority of City of Los Angeles’ (HACLA) Rancho San Pedro public housing complex. The program not only delivered the benefits of electric vehicles and mobility to this historically underserved community, LACI used the pilot as a model for the EVs For All Act introduced by Congresswoman Nanette Díaz Barragán (CA-44). Barragán worked closely with LACI to develop the Act. If passed, the bill will establish a $50 million annual grant program at the U.S. Department of Energy (DOE) to support EV car sharing and charging stations, community education and outreach, and other services for public housing residents to increase access to mobility solutions in transportation deserts.

About LACI

The Los Angeles Cleantech Incubator (LACI) is creating an inclusive green economy by unlocking innovation through helping scale cleantech startups, transforming markets through catalytic partnerships like the Transportation Electrification Partnership, and enhancing communities through green workforce training and pilots. Founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP) in 2011, LACI is recognized as one of the top 10 innovative business incubators in the world by UBI. To date, LACI has supported 315 startup companies that have secured more than $695 million in funding, generated more than $308 million in revenue, and helped to create an estimated 2,480 jobs with a long-term projected economic impact of more than $555 million.

About Sobrato Philanthropies

Sobrato Philanthropies’ investment in LACI’s Cleantech Debt Fund was committed by John A. Sobrato. Sobrato Philanthropies’ mission is to partner with communities to meet immediate needs, address systemic barriers, and pursue social justice to build a more equitable and sustainable world. Guided by the business philosophy and personal values of the Sobrato family, three generations engage in grantmaking, advocacy, impact investing, and collaborative efforts to create impact locally and around the world.

About Homecoming Capital

Homecoming Capital is a climate-focused investment firm that invests in businesses that decarbonize the economy as they grow. Homecoming’s investments span North America and Europe and support businesses driving decarbonization of the energy, transportation, industrial, and agricultural sectors. For more information, please visit www.homecomingcapital.com.

LACI Launches Campaign Urging California State Legislature to Increase Funding for Zero Emissions Transportation of Goods; Campaign Reinforces Budget Request from Southern California Coalition of Mayors, Ports, Labor, and Environmental Groups

The Proposed Increased Investments will Help Meet Transportation Electrification Partnership’s Zero Emissions Roadmap Targets to Reduce Pollution by 2028 Olympics; investments Key to Creating Jobs, Growing the Economy, and Protecting Public Health While Reducing the Largest Source of Air Pollution in Greater LA

LOS ANGELES, CA, May 24, 2022 – Today the Los Angeles Cleantech Incubator (LACI)–convenor of the Transportation Electrification Partnership–launched a digital campaign to reinforce the budget request from a coalition led by the Mayors and Ports of Long Beach and Los Angeles, labor, environmental justice and environmental organizations, and LACI. In a recent letter, the coalition–which also includes International Longshoremen and Warehouse Union locals, Southern California Edison, EarthJustice, and a broad swath of environmental advocates–urged the California Legislature to increase State funding for the adoption of zero emission transportation of goods.

Forty percent of the nation’s goods enter through the Ports of Long Beach and Los Angeles which serve as an enormous source of economic activity and jobs, while also generating the single largest source of air pollution in the region. Southern California continues to be home to the worst air quality in the country. That’s why the Transportation Electrification Partnership – with over 30 public and private sector members – has set bold targets to reduce air and climate pollution by the 2028 Olympics, including ensuring 40% of the short haul drayage trucks are zero emissions and 60% medium duty last mile delivery trucks are electric.

The campaign, anchored on a digital ad “Solutions”, urges California Legislators to invest additional funding in zero emissions solutions that can clean up Southern California’s air, while creating good paying green jobs and keeping the region’s economy and goods moving.

In a letter to Assembly Speaker Anthony Rendon, Senate Pro Tem Toni Atkins and Legislative Budget Chairs, the coalition called for a $3.31 billion investment to accelerate the adoption of zero emissions drayage trucks and cargo handling equipment at the ports of Long Beach and Los Angeles. The request in the letter builds on Governor Newsom’s proposed budget by adding an additional $900 million for truck incentives via HVIP and CORE and additional $225 million for drayage trucks and charging, including a $100 million carve out for charging infrastructure along the I-710 where BEV drayage trucks are beginning to operate with more BEV truck models coming soon from OEMs.

“We applaud Governor Newsom’s historic climate and zero emission transportation budget priorities,” said Matt Petersen, LACI CEO and Chair of the Transportation Electrification Partnership. “Given the unprecedented state budget surplus, we urge the legislature to make additional investments in accelerating truck and port electrification—in particular focusing on the most critical goods movement corridor in the state and nation, the I-710–that will pay economic, health and environmental dividends for our region and provide an example for other port regions throughout the country and around the world.”

###

About The Los Angeles Cleantech Incubator (LACI)
The Los Angeles Cleantech Incubator (LACI) is creating an inclusive green economy by unlocking innovation through helping scale cleantech startups, transforming markets through catalytic partnerships like the Transportation Electrification Partnership, and enhancing communities through green workforce training and pilots. Founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP) in 2011, LACI is recognized as one of the top 10 innovative business incubators in the world by UBI. To date, LACI has supported 315 startup companies that have secured more than $695 million in funding, generated more than $308 million in revenue, and helped to create an estimated 2,480 jobs with a long-term projected economic impact of more than $555 million.

Congresswoman Barragán and LACI Tout “Ev’s For All Act” To Bring Ev Car Share and Charging To Public Housing Residents Nationally, Join Residents In Highlighting Benefits From LACI Zero Emissions Car Share Pilot At Rancho San Pedro

Barragán and LACI CEO Matt Petersen Urge Passage of HR 6662 to Increase Access to EVs and Charging in Neighborhoods Facing Disproportionate Air Pollution such as from diesel trucks moving goods from the Port of LA; LACI’s EV car share pilot created to address equity while accelerating regional progress toward the Transportation Electrification Partnership’s 2028 target

May 6, 2022,SAN PEDRO, CA – Congresswoman Nanette Díaz Barragán (CA-44), author of the EVs For All Act (HR 6662) that would provide residents of 50 public housing projects nationwide with access to zero emission cars and charging infrastructure (alt. stations), joined San Pedro constituents and Los Angeles Cleantech Incubator (LACI) President and CEO Matt Petersen to see first-hand the innovative EV car-sharing program that inspired her legislation, and to advocate that everyone, regardless of income, must be included in the electric vehicle transformation.

During Rep. Barragán’s and Petersen’s tour of the Rancho San Pedro EV Car Share Program, they spoke to residents about air quality and transportation issues they face, and how the successful pilot program developed by LACI facilitates residents’ mobility and helps them cope with high gas prices. LACI created the EV Car Share pilot to find ways to increase equitable access to EVs and charging while accelerating progress toward their Transportation Electrification Partnership’s targets to achieve by the 2028 Olympics, including getting 30% of the cars on the road across LA county to be EVs and 40% of the drayage trucks serving ports to be zero emissions.

“My constituents in Rancho San Pedro public housing are overwhelmingly burdened by toxic air pollution due to their proximity to the Port of Los Angeles, oil refineries, and transportation corridors with heavy truck traffic.” said Congresswoman Barragán. “We know the future is zero emissions, but without the right investments, low-income communities are at risk of being left behind. This community deserves clean air and affordable zero emission transportation options that will also result in more clean vehicles on the roads in their community.”

“Many communities of color face disproportionate air pollution yet completely lack access to EV charging
infrastructure or electric vehicles,” said Matt Petersen, LACI’s CEO. “To achieve the Biden Administration’s
commitment to Justice40, we need to scale models like LACI’s EV car share pilot that brings EVs and charging to disadvantaged communities. I am proud that Rep. Barragán’s EVs for All legislation is modeled on LACI’s pilot we created with and for the residents of Rancho San Pedro.”

The EVs for All Act, H.R. 6662, would authorize up to $50 million in annual appropriations from 2022-2031 for a new grant program with the Department of Energy in coordination with Housing and Urban Development (HUD) and the Department of Transportation (DOT). The bill would help public housing authorities and local governments invest in electric vehicles (EV), EV charging stations, community education and outreach, and other services and incentives to provide access to EVs in underserved communities.

H.R. 6662 is aligned with the Biden-Harris administration’s Justice40 Initiative, a commitment to invest 40% of the federal government’s investments in climate and clean energy in disadvantaged communities.

The Rancho San Pedro EV Car Share is a 12-month pilot program created by LACI in partnership with the
Housing Authority of the City of Los Angeles (HACLA), Envoy and Nissan. The program, which has now been
extended indefinitely by HACLA and to which LACI will soon add an e-bike share, provides two EVs for residents to rent for $3 an hour, along with dedicated spaces for charging, and access to HACLA Community Coaches who conducted outreach, enrollment, and training. Residents use these cars to get to work, grocery shop, run errands, for doctor appointments, and to visit family.

At the news conference, residents told the dignitaries and media that having access to the shareable EVs has
made their lives easier. Beatriz Mendez, a driver user of LACI’s EV Car Share pilot at Rancho San Pedro says, “I was the first one at Rancho San Pedro to try the EV and I was amazed at how efficient it was to use it to go to the doctor and go shopping, to be able to drop the kids off at school. We need to make sure something like this is available nationwide.” She went on to share, “We are very mindful of the impact of climate change and pollution from the ports and refineries. So every time I used the EV, I was very aware of how this was bringing a healthier and more sustainable option for me and for the community around here. I’m really happy about that.”

“The combined efforts of our community coaches have led the drivers of Rancho San Pedro to embrace the idea of electric cars. Residents now understand and appreciate that having these zero emission solutions reduce pollution in their community. It’s both affordable and convenient as well. The Housing Authority and the residents of Rancho San Pedro are very fortunate to have this program here and we look forward to the opportunity to expand it.” added Margarita Lares, Chief Programs Officer for the Housing Authority of the City of Los Angeles (HACLA), and LACI EV Car Share Pilot partner.

LACI is accelerating transportation electrification in the Los Angeles region through pilots and policy, as well as incubating startups and training individuals to join the green workforce. Barragán’s office worked closely with LACI to develop the legislation. “The success of our clean energy future requires that every resident, regardless of income, is included in the electric vehicle transformation,” Congresswoman Barragán said. “The EVs for All Act would provide resources for low-income residents in my district and around the country that are often left out of climate solutions. Congress must lead the way in ensuring that everyone has access to electric vehicles and clean air, including people who can’t afford to own a car.”

###

About LACI: The Los Angeles Cleantech Incubator (LACI) is creating an inclusive green economy by unlocking innovation through helping scale cleantech startups, transforming markets through catalytic partnerships like the Transportation Electrification Partnership, and enhancing communities through green jobs workforce training and pilots. Founded as an economic development initiative by the City of Los Angeles and its Department of Water and Power (LADWP) in 2011, LACI is recognized as one of the top 10 innovative business incubators in the world by UBI. To date, LACI has supported 315 startup
companies that have secured more than $695 million in funding, generated more than $308 million in revenue, and helped to create an estimated 2,480 jobs with a long-term projected economic impact of more than $555 million.

TEP Partner Spotlight: East Bay Community Energy

As the only Northern California-based member of the Transportation Electrification Partnership (TEP), East Bay Community Energy (EBCE) plays a unique role in shaping our work within the Greater Los Angeles region and applying their learnings throughout the state. EBCE is the second largest Community Choice Aggregation provider in California, a public agency Joint Powers Authority (JPA), and the default Load Serving Entity formed under Assembly Bill 117 (2002). Governed by a 15-member Board of Directors consisting of elected officials from each of its JPA member communities in Alameda County and the City of Tracy (San Joaquin County), EBCE meets the electricity needs of over 60,000 commercial and industrial accounts and serves all residential accounts representing 1.7 million people. EBCE is also tasked with the development and management of energy related climate programs, including transportation electrification initiatives, that help their local government JPA member achieve local and state greenhouse gas reduction goals.

Participating in TEP since early 2020 has enabled EBCE to establish new strategic relationships with a variety of stakeholders including industry players in the medium- and heavy-duty goods movement sector that have a footprint in northern and southern California. This truly unique and dynamic partnership between TEP and EBCE enables market acceleration of zero-emission transportation statewide.

Light-duty EV Charging

One key area of focus for EBCE is light-duty electric vehicle charging. EBCE’s transportation electrification team has conducted an analysis to understand homecharging access throughout their service territory and identify critical disparities that could hinder widespread EV adoption. EBCE identified that in Alameda County alone 47% of the population are renters and 90% of all multifamily housing properties with 5+ units are 50 years old or older, which means that electrical capacity upgrades will  be likely across this building portfolio. Those upgrades are the property owner’s responsibility and not the tenants (e.g., key barrier to deploying Level 1 and/or Level 2 charging to enable home charging). Because those upgrades cannot occur quickly at the scale needed to meet the state’s goals, EBCE is prioritizing deployment of reliable, convenient, and cost-effective public fast charging options near where renters live to ensure all residents in EBCE’s service area can join the transition to EVs.

One such example is the Alameda County Incentive Project (AICP), which recently provided $17.3 million in incentives for publicly-accessible fast charging and Level 2 infrastructure. Co-funded by the California Energy Commission’s (CEC) Electric Vehicle Incentive Project (CALeVIP) and EBCE, unique requirements of the program included allocating budget specifically for fast chargers that had to be located in areas EBCE identified as multi-unit dwelling “hotspots”. EBCE was also able to change the CEC’s CALeVIP rules for multifamily property Level 2 charging incentive “adders,” opening the door for any affordable multifamily provider, regardless of whether their property was in a disadvantaged community or low-income census tract boundary, to have access to this beneficial funding.

Another example of EBCE’s commitment to making the transition to EVs more accessible is their expanding fast charging network. EBCE’s equity-based strategy is focused on developing large fast charging hubs, owned by EBCE, in its multi-unit dwelling hotspots. This will eliminate charging deserts and provide access to charging for all, faster. EBCE’s first project is on the border of West Oakland and downtown in a municipal parking garage. Once built, it will be the largest fast charging hub in Oakland and 2nd largest in Alameda County with 17 dual port fast chargers. The garage is within 2 square miles of approximately 1,000 multifamily properties with 5+ units. There are currently no fast chargers in West Oakland, so this new hub will be a 100% increase in access to fast charging by nearby residents from baseline.

Medium- and Heavy-Duty (MD/HD) Goods Movement

EBCE’s electrification goals extend beyond the light-duty sector as well, as their service area is among the most strategic trade locations in the U.S. with connections to regional, state, national, and international markets. Alameda County provides most of the fundamental goods movement infrastructure in Northern California, including the Port of Oakland, Oakland International Airport and major freight corridors spanning into the Central Valley. Much of the focus on zero-emission goods movement to date has been centered on drayage trucks specifically operating at ports. However, to comprehensively transition to a zero-emission goods movement economy, EBCE’s lens is beyond port boundaries for deployment of charging infrastructure to ensure all MD/HD stakeholders have access where they need it most.

EBCE envisions an ecosystem of MD/HD goods movement vehicles that will recharge at facilities where they are domiciled, at third-party logistic facilities where they do business, and at convenient common fast charging yards that operate much like a wholesale gas station. Additionally, because origination of MD/HD goods movement vehicle trips is not exclusive to one city and is regional, a comprehensive approach to planning for this transition is necessary to bring the biggest community benefit to vulnerable populations.

Interregional Collaboration

As we push towards an electrified future, interregional collaboration will be more important than ever to ensure that the EV revolution extends beyond the Greater LA area. Through close cooperation, we can learn from other regions and share our own best practices in order to reach our common goals and create a cohesive, replicable system. Through EBCE’s active participation in TEP, we can show the world how collaboration transcends geography as we work towards an electrified California.

– Shevonne Sua, LACI Transportation Program Coordinator

The Transportation Electrification Partnership (TEP) is an unprecedented regional public-private collaboration to accelerate deep reductions in climate and air pollution by the time of the 2028 Olympic and Paralympic Games. All of our partners have committed to work individually and collectively to pursue policies, pilot projects, and other actions that are equity-driven, create quality jobs, grow the economy, and help the region reach the bold targets in the TEP’s Zero Emissions 2028 Roadmap 2.0.

TEP Partner Spotlight: Los Angeles County

The County of Los Angeles has been a member of the Transportation Electrification Partnership (TEP) since its inception in 2018. Originally, the County’s interest in joining TEP stemmed largely from the Board’s priority to expand zero emissions goods movement, particularly around communities of color most severely impacted by transportation along the I-710 freeway given the huge environmental justice challenge that this corridor represents. Under Supervisor Janice Hahn’s leadership, the County joined TEP to accelerate its own sustainability goals and to demonstrate regional leadership in collaboration with other key stakeholders. “Clean air is a critical issue for all of us, especially the communities that have shouldered the burden of our transportation system and the harmful air pollution that it creates,” said Supervisor Hahn. “For too long we have been told we had to choose between clean air and good jobs. I know that we can and should have both.”

The County has since been instrumental in advancing the bold targets set by the Partnership in our Zero Emissions 2028 Roadmap 2.0 as we work to accelerate transportation electrification and zero emissions goods movement in the Greater Los Angeles region. “Having ambitious partners at the table making ambitious commitments has bolstered our own internal goal setting process and inspired us to be more assertive,” said Gary Gero, Chief Sustainability Officer at LA County.

This assertive goal-setting is reflected in the County’s own regional sustainability plan, known as OurCounty, which highlights 12 key goals focused on equity, accessibility, and sustainability. In particular, goals 7 and 8 emphasize the need for a fossil fuel-free County and achieving a convenient, safe, clean, and affordable transportation system that enhances mobility and quality of life while reducing car dependency. More specifically, the Sustainability Plan set the goal of installing 60,000 new zero-emission vehicle charging stations by 2025, 70,000 by 2035 and achieving 100% of all new light-duty private vehicles as zero emission vehicles by 2045. 

Leading the Way in Fleet Purchasing

The County has already shown initiative in this endeavor through an influential policy approved by the Board in April 2021. Through the Board of Supervisors’ Policy Number 3.020, the County has set an example for other regions as they have committed to purchasing zero emission vehicles when replacing all County vehicles, to the extent that they are available and that they meet operational needs. “Zero emission vehicles employ technologies that do exist, are available, and we as a County will take leadership in our purchasing,” said Gero. “This will signal to fleet managers that the future is here and we as a region need to approach this with a new way of thinking.”

This shift in perspective is vital for the region – not only for environmental reasons, but also economic reasons. Southern California is already a leader in cleantech manufacturing, as evidenced by the three electric bus manufacturers (BYD Motors, Proterra, and New Flyer) located in the region. As the largest manufacturing county in the country, LA County seeks to continue creating good, well-paying union jobs that will transform the region to a clean industry. “The cleantech revolution is an economic opportunity for the region that will help us lead the transformation of the LA region’s economy into the 21st century,” said Gero. “As we shift towards a more sustainable future, it will be imperative for us to ensure equity is built into every step of the process.” 

Mode Shift Priorities

It is this new way of thinking and leadership that is so vital not only to the implementation of electric vehicle solutions in the region, but also to how we think about the transportation system as a whole. “We need to fundamentally rethink the way we move people and make the alternative just as good, if not better, than single occupancy vehicles,” said Gero. The County highlights this as another key goal in its Sustainability Plan, aiming to increase to at least 15% all trips by foot, bike, micromobility, or public transit by 2025, 30% by 2035, and 50% by 2045. Through participation in TEP and close coordination with other stakeholders, this will be a multi-stakeholder effort that will transform the way we move around the region and think about transportation. 

As we reflect on our vision of an electrified transportation system in time for the 2028 Olympic and Paralympic Games, it is key for stakeholders to think beyond what we believe is possible and shift the global view of Southern California as a car-centric region to one that is leading the way in clean transportation. “Being part of TEP has made us think deeply about what we thought was possible and how we can set goals that stretch the realm of possibility,” said Gero. “What might not be doable today may be doable tomorrow.” With these bold targets in place, we will work to accelerate the necessary change and go further, faster together. 

– Shevonne Sua, LACI Transportation Program Assistant

 The Transportation Electrification Partnership (TEP) is an unprecedented regional public-private collaboration to accelerate deep reductions in climate and air pollution by the time of the 2028 Olympic and Paralympic Games. All of our partners have committed to work individually and collectively to pursue policies, pilot projects, and other actions that are equity-driven, create quality jobs, grow the economy, and help the region reach the bold targets in the TEP’s Zero Emissions 2028 Roadmap 2.0.

CONGRESSWOMAN BARRAGAN INTRODUCES FIRST-OF-ITS KIND BILL TO ESTABLISH ELECTRIC-VEHICLE CAR SHARING PROGRAM FOR PUBLIC HOUSING

WASHINGTON, D.C. Today Congresswoman Nanette Díaz Barragán (CA-44) introduced the EVs For All Act to establish an innovative grant program at the U.S. Department of Energy (DOE) to support electric vehicle car sharing for public housing residents. The program would help public housing authorities and local governments invest in electric vehicles (EV), EV charging stations, community education and outreach, and other services and incentives to provide access to EVs for public housing residents.

“The success of our clean energy future requires that every resident, regardless of income, is included in the electric vehicle transformation,” Congresswoman Barragán said. “The EVs for All Act would provide resources for low-income residents in my district and around the country that are often left out of climate solutions. Congress must lead the way in ensuring that everyone has access to electric vehicles and clean air, including people who can’t afford to own a car.”

The bill would authorize up to $50 million in annual appropriations from 2022-2031 to launch a grant program with DoE which would implement the program in coordination with Housing and Urban Development (HUD) and the Department of Transportation (DOT). The program would provide up to $1 million in funding to eligible entities to support EV car sharing services dedicated for residents who live in public housing projects. Research has shown that public housing residents face significant barriers in accessing reliable and affordable transportation of any kind – and especially zero-emission transportation. Additionally, too many communities of color face disproportionate air pollution yet completely lack access to EV charging infrastructure or zero emission vehicles even though operating EVs is much less expensive than operating gasoline powered cars.

Barragán’s office worked closely with the
Los Angeles Cleantech Incubator (LACI) to develop the legislation. LACI is accelerating transportation electrification in the Los Angeles region through pilots and policy, as well as incubating startups and training individuals to join the green workforce. Among other community shared EV mobility pilots, LACI launched EV car sharing programs in public housing developments in Los Angeles, including one dedicated only to housing authority residents at Rancho San Pedro, in partnership with the Housing Authority of the City of Los Angeles (HACLA).

“LACI’s mobility pilots have demonstrated that EV car sharing programs can improve the economic mobility and quality of life of residents whose communities face disproportionate air pollution and climate impacts,” said Matt Petersen, LACI’s president and CEO. “We applaud Congresswoman Barragán leadership in helping to scale this pilot to increase equitable access to transportation to shared EVs and charging in cities across the nation.”

“Going green shouldn’t be reserved for only a specific socioeconomic status,” said HACLA President and CEO Doug Guthrie. “This electric vehicle share initiative provides a benefit to the community and environment as a whole. The Housing Authority of the City of Los Angeles is proud to partner with LACI on this forward-thinking and innovative pilot program that brings both opportunity and access to our residents in a community that is often overlooked and underserved,” Guthrie added.

The bill is aligned with the Biden-Harris administration’s
Justice40 Initiative, a commitment to invest 40% of the federal government’s investments in climate and clean energy in disadvantaged communities.

Barragn was joined by 23 original cosponsors of the EVs for All Act, including
Congressmembers: Adam Smith (Wash.), Yvette Clarke (N.Y.), Adriano Espaillat (N.Y.), Doris Matsui (Calif.), Andr  Carson (Ind.), Dina Titus (Nev.), Pramila Jayapal (Wash.), Ra l Grijalva (Ariz.), Sheila Jackson Lee (Texas), Donald M. Payne Jr. (N.J.), Ruben Gallego (Ariz.), Derek Kilmer (Wash.), Ted Lieu (Calif.), Marilyn Strickland (Wash.), Jimmy Gomez (Calif.), Mike Levin (Calif.), Chellie Pingree (Maine), Jim Costa (Calif.), Bonnie Watson Coleman (N.J.), Tim Ryan (Ohio), Jared Huffman (Calif.), Rick Larsen (Wash.), and Alan Lowenthal (Calif.).

A PDF of the bill is attached.

The EVs for All Act has significant support from environmental justice, clean tech, clean air, and environmental organizations. 

Groups in support:

EVs for All Supporters as of February 4, 2022

Acterra: Action for a Healthy Planet
AMPLY Power

Breathe California of the Bay Area, Golden Gate, and Central Coast

Breathe California Sacramento Region

Breathe Southern California

Center for Environmental Health

Center for Sustainable Energy

Citizens Climate Lobby – Long Beach/South Bay

Clean Fuels Michigan

Cleantech San Diego

The Climate Center

Climate + Energy Project (Kansas)

The Climate Reality Project: Chicago Metro Chapter

The Climate Reality Project: Los Angeles Chapter

The Climate Reality Project: San Fernando Valley Chapter

Climate Resolve

Coalition for a Safe Environment

Communities for a Better Environment

Corporate Ethics International

Councilmember Paul Koretz

Defend Our Future

East Bay Community Energy (EBCE)

Ecology Center (Michigan)

Edison International

Electrification Coalition

Elemental Excelerator

The Emphysema Foundation of America

Environmental Defense Fund

Environmental Entrepreneurs (E2)

Environment America

EV Connect

EVHybridNoire

Envoy Technologies

Evergreen Climate Innovations

Forth

Fresh Energy

Generation 180

Greater Washington Region Clean Cities Coalition

GreenLatinos

The Greenlining Institute

Greenlots

Grid Alternatives Greater Los Angeles

LABC

Launch Alaska

Local Government Commission

Los Angeles Community College District

Los Angeles Cleantech Incubator (LACI)

Los Angeles County Economic Development Corporation (LAEDC)

New Jersey Clean Cities Coalition

NYU Urban Future Lab

Pacoima Beautiful

Paired Power, Inc.

Plug In America

Prairie Rivers Network

Project Green Home

Prospect Silicon Valley

ReJoule, Inc.

Respiratory Health Association

Sacramento Metropolitan Air Quality District

San Fernando Valley Climate Reality

Shared-Use Mobility Center

Sierra Club

South Coast Air Quality Management District

South Los Angeles Transit Empowerment Zone (SLATE-Z)

Southern Alliance for Clean Energy

Southwest Energy Efficiency Project

Transportation Electrification Partnership

U.S. Green Building Council – Los Angeles (USGBC-LA)

Valley CAN (Clean Air Now)

Valley Vision

Verdical Group

Vertue Lab

Vote Solar

Watts Clean Air & Energy Committee

Statement from Transportation Electrification Partnership on Governor Newsom’s Proposed 2022-2023 Budget

LOS ANGELES, CA “On behalf of the Transportation Electrification Partnership (TEP), I applaud and thank Governor Newsom for including $6.1 billion for zero-emission vehicles and infrastructure investments in his budget proposal, with a focus on providing greater access to and benefits from the transition to zero-emission vehicles to low-income communities that are disproportionately burdened by pollution. These investments are critical to achieving TEP’s bold 2028 targets for the LA region, and statewide goals for 2035 and beyond. 

We are pleased to see proposed funding for zero-emission vehicle purchases by low-income consumers, expansion of charging infrastructure in low-income neighborhoods, zero-emission mobility community pilots, electric transit and school bus purchases, zero-emission heavy-duty trucks and infrastructure, port electrification, as well as funding for active transportation projects such as bicycle and pedestrian safety programs, among others.

As the budget process progresses, LACI and TEP look forward to working with the Newsom Administration and Legislature to support these proposed investments and to develop a pathway to increase the funding for accelerating the electrification of California’s goods movement sector. 

Thanks to Governor Newsom’s leadership, California will fund investments to purchase 1,000 zero emission trucks along with supporting infrastructure. However, in order to transition the tens of thousands of diesel trucks serving California’s ports, we encourage the Governor and Legislature to dedicate a total of $3.35 billion in the 2022 budget towards the state’s transition to zero-emission drayage trucks and charging infrastructure, including $100 million zero-emission early action pilot projects in key transportation freight corridors like the I-710 freeway.

We believe the time is now for the State of California to fully embrace its unique role in making bold “market maker” investments that will create good jobs, advance equity, and result in deep reductions in air and climate pollution. We look forward to working with the Administration and Legislature to further develop the state budget to achieve these goals.


Matt Petersen
President & CEO, Los Angeles Cleantech Incubator
Chair, Transportation Electrification Partnership

 

ABOUT TEP
The Transportation Electrification Partnership (TEP) is an unprecedented regional public-private collaboration to accelerate deep reductions in climate and air pollution by the time of the 2028 Olympic and Paralympic Games by pursuing bold targets, pilots, initiatives, and policies that are equity-driven, create quality jobs, and grow the economy.

Current members include:
Leadership Group: Mayor Garcetti, CARB, County of Los Angeles, LADWP, LA Metro, Southern California Edison, LACI

Advisory Group: Audi of America, BMW Group, Nissan North America, PCS Energy, BYD Motors, Normal Now sponsored by Electrify America, Greenlots, Itron, Proterra, AMPLY Power, Burbank Water & Power, Clean Power Alliance, Culver City, East Bay Community Energy, Glendale Water & Power, Inglewood, International Brotherhood of Electrical Workers Local Union 11 / National Electrical Contractors Association Los Angeles County, Metrolink, Pasadena Water & Power, Santa Monica, Southern California Public Power Authority, Tesla, Waymo


ABOUT LACI
Los Angeles Cleantech Incubator (LACI) is creating an inclusive green economy for the people of Los Angeles by: unlocking innovation by working with startups to accelerate the commercialization of clean technologies; transforming markets through partnerships with policymakers, innovators, and market leaders in transportation, energy and sustainable cities; and enhancing communities through workforce development, pilots, and other programs. Founded as an economic development initiative by the City of Los Angeles and Los Angeles Department of Water & Power (LADWP), LACI is recognized as one of the most innovative business incubators in the world by UBI. As of Q2, 2021, LACI has helped 281 portfolio companies raise $636 million in funding and create over 2,300 jobs in the Los Angeles region, with a projected 5-year economic impact on the Los Angeles region of more than $520 million. Learn more at laci.org