As cyclists have known for a long time, bicycles have the power to save the world. Compared to commuters who use a car, cyclists—including e-bike consumers—reduce their CO2 footprints, engage in a healthy lifestyle, and likely reach their destination faster, depending on the city and route. According to Statistics Canada in 2016, 12.6 million Canadians reported that they commuted to work by car, with an average duration of 24 minutes and the median distance to work at 8.7 kilometres. That clocks in around 10 mph. Weak. Statistics for the United States and most of Europe are roughly the same or worse. Veemo can legally travel up to 32 kph (20 mph) in both the US and Canada. Veemo is legal for use in dedicated bike lanes in most jurisdictions. Simply put, a Veemo SE gets people where they need to go in a better way for planet Earth.
The United States government may be waking up to this fact, even if it’s taken them their sweet time. While both electric vehicles (EVs) and electric motorcycles already have their own federal tax incentives in the US, electric bicycles like the Veemo SE haven’t had the same luxury. The Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act may change that. Consumers might soon receive a 30% tax rebate in the United States, as federal legislation has been introduced to create a federal tax incentive for the purchase of electric bicycles.
The new legislation is designed to make electric bicycles more affordable to average Americans. As Congressman Panetta explained in a statement provided to Electrek:
“E-bikes are not just a fad for a select few, they are a legitimate and practical form of transportation that can help reduce our carbon emissions. My legislation will make it easier for more people from all socio-economic levels to own e-bikes and contribute to cutting our carbon output.”
Veemo vehicles for the US market can qualify for this tax rebate as well as additional incentives offered by states. The average annual cost for a second internal combustion engine (direct, not including tax subsidies) is $11,000 USD on average. The Veemo is $5000, which means it can pay for itself within half a year for commuters traveling less than 75 Kilometers (34 miles) per day. With an additional battery, this range doubles.
What’s all this math add up to? Saving the world, staying healthy, and reminding those politicians that the value of an e-bike goes far, far beyond transportation business as usual, and it does it in style. Find out more at https://veemo.ca