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There is quite a bit to get to this week, so let’s charge forward.
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Micromobbin’
The spike in electric bike sales was one of the rosier outcomes of the COVID-19 pandemic. Now, new legislation introduced this past week by U.S. representatives Jimmy Panetta (D-CA) and Earl Blumenauer (D-OR) could push sales even higher. The Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act proposes creating a consumer tax credit that would cover 30% of the cost of an electric bicycle up to a $1,500 credit. The proposed bill applies to new electric bicycles that cost less than $8,000 and is fully refundable, allowing lower-income workers to claim the credit, according to Panetta’s announcement.
The Station: Archer Aviation s two big scores, a boost for e-bikes and how Uber defines adjusted EBITDA
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February 15, 2021, 9:09 AM·17 min read
There is quite a bit to get to this week, so let s charge forward.
Email me at kirsten.korosec@techcrunch.com to share thoughts, criticisms, opinions or tips. You also can send a direct message to me at Twitter @kirstenkorosec.
Micromobbin
the station scooter1a
The spike in electric bike sales was one of the rosier outcomes of the COVID-19 pandemic. Now, new legislation introduced this past week by U.S. representatives Jimmy Panetta (D-CA) and Earl Blumenauer (D-OR) could push sales even higher. The Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act proposes creating a consumer tax credit that would cover 30% of the cost of an electric bicycle up to a $1,500 credit. The proposed bill applies to new electric bicycles that cost less than $8,000 and is fully refundable, allowing lower-income workers
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