Paris offers sweet incentives to leave your car for a bike

Paris offers sweet incentives to leave your car for a bike

The city will reimburse residents who purchase e-bikes and cargo bicycles up to € 600


When President Donald Trump signed a major federal tax review in December, he abolished a small rebate of $ 20 a month for commuter cyclists who had been in the books since 2009. But while the US takes financial incentives for driving , some European countries are trying to extend them.

For example, in October Sweden began to repay citizens who buy electric bikes for 25% of the purchase price. France tried something similar in February 2017, offering a subsidy of € 200 (about $ 250) for e-bike purchases until January 2018. Meanwhile, the city of Oslo, Norway, focused on cycling families , offering residents $ 1,200 for the purchase of an electric cargo bike.

Now, the capital of France is taking a step further. The Cycling Industry News reported Wednesday that Paris will begin to offer strong tax incentives for residents who buy e-bikes and cargo bikes, or who will otherwise abandon their cars for cycling and other forms of transport.

The grants on the table include: up to € 400 ($ 495) for e-bike purchases; € 600 ($ 744) for both electric and conventional cargo bikes; and € 400 for residents who upgrade their conventional bicycles with electric assistance. Each grant applies to only one bicycle per person.

The city will also offer € 600 for residents who will get rid of their personal cars. In addition, any Parisian citizen who obtains the driving license will also receive a credit of € 50 ($ 62) for Vélib ‘, the city’s bicycle sharing program.

These subsidies come after mayor Anne Hidalgo went on record last fall saying he wants the city to ban diesel cars by 2024 – the year Paris host the summer Olympics – and get rid of all cars to gas by 2030. His vision: a city in which residents move only by bike, public transport and electric vehicles.

Previously, Paris had offered residents more than $ 11,000 to trade their gas cars with electric cars. It’s also in the middle of a plan to add about 50 miles of cycle paths and around 10,000 bicycle parking lots around the city by 2020.