Wednesday, May 6, 2009

Article - Italian Government Spurs Bike Sales with Incentives

Bike Europe, April 28
Author: German Eslava

Last week on April 22, the Italian government by means of its Ministry for the Environment started an incentive scheme which contributes to a maximum of 30% of the retail price of a bicycle or e-Bike. The maximum amount is € 700 which is for a bike that retails for € 2,330. This is on average the retail price of a high-end electric bicycle.

[Canada offer cash incentives to purchase more fule-efficient cars. Is it time to consider cash incentives for the most fuel-efficient forms of transportation? -MH]

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