E-bike sales boomed during pandemic, could help reduce carbon emissions

During the Chicago-Pandemic, electric bikes have become a popular item, and increasing demand has made it difficult to obtain them. Eco-friendly vehicles can be expensive, but efforts are underway to make them more affordable to the average consumer.

Avid e-biker Eve Santiago was bored during the pandemic.

“I started working from home.” I need to get out of the house, “she said.

In her quest to avoid the pitfalls of urban congestion and parking problems, she found a solution on her electric bike.

“I actually sold my car because it was so convenient. You can park it on the sidewalk,” said Santiago.

She cost thousands of dollars, but she says the investment in an electric bike is worth it. After making some changes such as new headlights, seats and upgraded batteries, she turned off.

“Because it’s an electric bike, if you need to bypass the traffic, you can easily get into the bike lane, so it’s just much more convenient.”

That’s what caused the boom in the e-bike industry, as Americans are looking for ways to get out while avoiding crowded commuters.

“The catalyst is clearly COVID and people are becoming more aware of alternative transportation,” said Don Di Costanzo, CEO of Pedego Electric Bikes.

During the pandemic, a California-based electric bike company with about 200 retail stores nationwide reported sales of $ 121 million.

“Our store is doing twice and three times as much as they did. It took a year to reach the break-even point. Now, even in the first month, we reach the break-even point. , We will start making money in the second month, “said Di Costanzo. “I have never seen anything like that.”

Proponents say e-bikes are ideal for users with limited capacity and mobility, and can even lead to homes without cars.

Noa Banayan, Director of Federal Affairs for People For Bikes, a Washington, DC-based advocacy group, said:

It is also environmentally friendly.

According to a 2019 study by the Transportation Research and Education Center, a 15% increase in the use of electric bicycles across the United States will reduce transportation-related CO2 emissions by 11%, and vehicles that should have moved for strictly practical purposes. It turns out that 72% of the miles will be replaced. Purpose.

Electric bike prices, excluding customization, range from about $ 600 for the very low end to $ 8,000 for the high end e-bike.

However, if you are in the electric bike market, it is important to note that there are efforts to make this type of transportation more economical for the average consumer.

The E-Bike Act, introduced in the Senate, prioritizes electric bicycles as a zero-emission transport mode, along with ancillary bills in the House of Representatives. If successful, consumers will receive a 30% tax credit of up to $ 1,500 on the purchase of a new electric bike.

“So we’re thinking of low-income Americans, you’re still eligible to receive this credit,” Banayan said.

Proponents like Banayan say the goal is to replace short car trips with CO2 and eliminate electric bike trips.

“You can do it with the cargo behind. You can do it with your groceries for a week. You could do it for delivery, such a thing.” She said. “It makes the hills much easier, makes the distance longer, and makes it a little shorter.”

For enthusiasts like Eve Santiago, it just charges.

It’s much more convenient to say, “Hey, I have to go do some errands.” I’m going to jump on my bike, “she said. “You don’t have to worry about parking on the street. That’s a big deal.”

E-bike sales boomed during pandemic, could help reduce carbon emissions Source link E-bike sales boomed during pandemic, could help reduce carbon emissions

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