France is giving €4,000 to people who trade in their car for an e-bike
by Andrew J. Hawkins from The Verge - All Posts on (#62SE5)
Photo by JEAN-FRANCOIS MONIER / AFP via Getty Images France's government increased the size of the subsidy it offers to people who trade in their gas-powered cars for electric bikes to as much as 4,000 (approx. $3,976) per person, according to The Times. The money is meant to incentivize people to ditch their polluting modes of transportation in favor of cleaner, more environmentally friendly alternatives.
People who live in low-income households in low-emission urban zones that trade in their cars are eligible for the full 4,000 subsidy to put toward the purchase of an e-bike. (Traditional, non-motorized bikes also qualify for the incentive.) French citizens from higher income brackets can claim smaller subsidies.
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