Incentivizing Electric Bikes on a National Level

Photo: PeopleforBikes

1. The Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act

Introduced February 9, 2021 by Congressman Jimmy Panetta (D-Carmel Valley)

The E-BIKE Act prioritizes electric bicycles as a zero-emission form of transportation by making them more affordable and accessible. The E-BIKE Act incentivizes the use of electric bicycles to replace car trips by creating a consumer tax credit that:

• Covers 30% of the cost of the electric bicycle, up to a $1,500 credit
• Applies to new electric bicycles that cost less than $8,000
• Is fully refundable, allowing lower-income workers to claim the credit

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