Biden’s Build Back Better bill may save you up to $900 when buying an e-bike. Here's how it works
. That's the largest of any sector, with electricity production and industrial activity checking in second and third at 25% and 23%, respectively., which is already law, and the Build Back Better Act, which would fund Democrats' social and spending priorities, to help accelerate a transition to more sustainable transportation modes. He said the e-bike tax credit "is an important link in that chain of those efforts to do that.
A third variety called Class 3 also requires the user to pedal, but its motor can assist up to 28 mph before it stops providing assistance. "You can keep up with traffic easier. You can fulfill all of your travel needs without spiking into a vigorous physical activity environment," Cherry told CNBC in an interview. The result, he said, is that e-bikes are attractive to a wider group of people, such as those who cannot afford to sweat while riding a traditional bike to work. They also make tasks like going to the grocery store or picking up children from daycare easier to complete by bike, he said.
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