The French were given nearly 4,000 euros when they exchanged petrol cars for electric bicycles

The French government has increased the subsidy for people who change from petrol cars to electric bicycles to 4,000 euros per person.
  • The French government has increased the subsidy for people who change from petrol cars to electric bicycles to 4,000 euros per person.

The news comes a week after U.S. President Joe Biden signed into law massive tax and climate legislation that completely ignores the climate-fighting potential of e-bikes.

The act offers millions of dollars in tax incentives for electric cars, but does not include e-bikes.

Specifically, the French government will donate a maximum amount of 4,000 euros to those who are subject to the “old collection of innovation” switching from petrol cars to electric bicycles, or motorless bicycles.

French citizens from high-income groups will receive a lower subsidy.

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