This country is paying car drivers nearly $4,000 to switch to an electric bike
As reported by The Times, the full €4,000 incentive is awarded to those in lower income brackets that live in low-emission urban zones. Wealthier two-wheel converts will receive a reduced incentive commensurate with their income level. For those looking to buy a new electric bike but not ready to give up their polluting car, a subsidy of up to €400 is available.
Some cities have even more generous electric bicycle subsidies. The Socialist-Green council of Paris offers up to €500 toward the purchase of an e-bike or a folding pedal bike.