Date

Tuesday, April 21, 2026

The Air District helped WattEV secure $4.1 million loan for a new electric truck charging project in Oakland. This is in addition to a $5 million grant from the Air District’s Community Air Protection or CAP program awarded in 2024.

Spare the Air Status
New 4/21/2026

WattEV provides charging infrastructure and services for electric trucks, including chargers, network management, payment processing and maintenance. The new Oakland site will be publicly accessible and will serve heavy-duty trucks traveling to and from the Port of Oakland. This project is designed to support the transition from diesel to zero-emission heavy-duty trucks.

“Investing in zero-emission freight infrastructure means cleaner air for communities near the Port of Oakland that have been disproportionately impacted by diesel pollution,” said Dr. Philip Fine, executive officer of the Air District. “This project accelerates the transition to clean trucks and delivers tangible health benefits where they are needed most.”

The project includes 36 chargers, together providing 7.2 megawatts of power for heavy-duty electric trucks. Located near the Port of Oakland, one of the busiest freight hubs on the West Coast, this investment supports the transition away from diesel powered trucks that contribute to high levels of air pollution in nearby communities. WattEV is expected to reduce 140,558 metric tons of carbon dioxide equivalent per year, equal to the emissions from about 32,786 gasoline-powered passenger vehicles driven for one year. The project is expected to be operational and available for fleets to use by March 25, 2027.

This is the latest project supported through the Air District’s Climate Tech Finance program. In partnership with the California Infrastructure and Economic Development Bank, the Climate Tech Finance team completed a technology, social equity review and greenhouse gas analysis that found WattEV eligible for a multimillion-dollar loan guarantee through PCR Business Finance. That loan guarantee helped WattEV secure a line of credit with Stearns Bank. The Climate Tech Finance program helps innovative climate companies access funding so they can grow and bring cleaner technologies to market.

CAP Incentives is part of California Climate Investments, which uses billions of Cap-and-Invest dollars to fund projects that reduce harmful emissions, protect public health, strengthen local economies and support natural environments. With a strong focus on communities most impacted by pollution and limited access to resources, California Climate Investments helps build a more equitable and sustainable future.

View press release.

Last Updated: 4/21/2026