What's Different About the New Federal E-Bike Credit Proposal

23 Mar 2023 | Abstracted from Streetblog

"...the bill authors adjusted the income cap to $150,000 for single filers and $300,000 for married couples filing jointly...only bikes that pass rigorous battery testing processes will be eligible for federal subsidies, pre-empting concerns about battery fires caused by cheap, unregulated, and unsafely-charged micromobility vehicles...the new E-BIKE Act has significantly more support from both lawmakers and advocates who have seen its societal benefits..."

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