Loans to Access Electric Vehicles
Bridging the Gap to Clean Mobility
![couple charging their EV](https://forthmobility.org/storage/app/uploads/public/900/5c0/9d3/thumb__1852_850_0_0_crop.jpg)
Bridging the Gap to Clean Mobility
Making Electric Vehicles Affordable for All
The high cost of electric vehicles (EVs) is a major barrier, especially in underserved communities. Forth's Loans to Access Clean EVs program is designed to break down these financial barriers, ensuring that Justice40 communities—low-income neighborhoods and communities of color—have equitable access to clean transportation options.
Bridging the Gap to EV Ownership
- Affordable Financing: The program will co-create a toolkit to help communities develop financing models that reduce the upfront cost of EV ownership for those who often face difficulty securing traditional loans, including gig drivers.
- Community Collaboration: The program will collaborate with local advisory groups, community-based organizations, and lenders to create scalable, region-specific financing models and ensure they meet local needs.
- Maximize EV Infrastructure: By enabling more people to own EVs, the program helps ensure that publicly funded charging infrastructure is utilized to its fullest potential, benefiting Justice40 communities.
Resources
Best Practices for Gig Drivers’ Transition to Electric Vehicles
For more information, contact Ian Sergeant
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Loans to Access Clean EVs
/loans-to-access-clean-evs
Loans to Access Electric Vehicles
Bridging the Gap to Clean Mobility
Bridging the Gap to Clean Mobility
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