Just like EVs, electric bicycles could come with tax credits to lower prices.
The "Electric Bicycle Incentive Kickstart for the Environment" — or E-BIKE — Act was introduced in the U.S. Senate last month. A companion bill, also called the E-BIKE Act, was brought to the U.S. House of Representatives back in February. They share the same goal: Get more people on electric bikes and out of cars.
To make that more likely, both pieces of legislation propose offering a tax credit worth up to 30 percent off (with a $1,500 cap) different types of e-bikes that can run as high as $8,000.
To learn more:https://mashable.com/article/electric-bike-tax-credit-legislation