Sweden offers a 25% subsidy for electric bike purchases

From www.treehugger.com
By Derek Markham

For the next 3 years, residents of Sweden are getting a serious incentive to get on an e-bike, as the country is setting aside about €35 million per year to subsidize their purchase.
Earlier this year, we shared the news about a €200 electric bike subsidy in France, a $1200 subsidy in Oslo, Norway, for electric cargo bike purchases, and now, just a few days after writing about Stockholm’s new electric bike share program, it turns out that Sweden is going all in on electrified bikes.
The new Swedish program, which is written into the country’s budget as a total of 1050 million SEK (€105 million) over the years 2018, 2019, and 2020, is in effect already (as of the 20th of September 2017), with monies for the subsidies being paid out beginning the 1st of January 2018…

Read more at:
https://www.treehugger.com/bikes/sweden-offers-25-subsidy-electric-bike-purchases.html