The United States Senate Finance Committee has approved a tax credit for electric bikes and electric motorcycles.
If the bill passes the credit would be 10% of the purchase price of the electric bike or electric motorcycle, up to $2,500.
The idea is to provide an incentive for people to buy 2 wheeled electric vehicles and boost the e-bike industry in the US.
“This is about good paying American jobs,” Senator Ron Wyden (D-Oregon) said. “These jobs [Read more…]