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Electric bikes sponsored by government, steps are taken in Italy
Written by Robert Friday, 20 March 2009 09:30
The Italian Government is currently examining a proposal by the industry organization ANCMA for a major tax incentive on electric bikes. Like in all EU countries, the Italians are looking for new means to cut emission rates in their urban areas. In order to stimulate the use of sustainable forms of mobility as alternatives of motor vehicles the Italian Government wants to grant 30% restitution on all electric bikes.
It is generally expected that this incentive will boost the sale of electric bikes tremendously. When successful it might even be a good example for other national Governments within the Euroepan Union as a means to reduce emission rates.
The electric bike meant in the proposal is limited to a “pedal assisted bicycle equipped with an auxiliary electric motor with a maximum power output of 250 Watt whose power is gradually reduced and stopped at 25 km/h or when the cyclist stops cycling.”
The 30% restitution is limited up to € 700 of the retail price including VAT. This tax incentive is only granted if the manufacturer or importer is associated with industry organizations ANCMA or ICE-CIVES (Italians organization for electric road vehicles). All applicable electric bikes will be specified by the Ministry of Environment in advance and updated annually.
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