Swedish government to offer € 37 million co-funding for e-bike growth

Source: Cycling Industry News

Set out in the Swedish Government’s budget bill for 2018 is a segment relating to electric bikes, within which a €37 million proposal to co-fund e-bike and e-moped sales is found.

Coming as part of a wider 5 billion SEK package to bolster the country’s efforts to reduce pollution and slow climate change the funding is hoped to create jobs and rethink transport priority.

Investments in green transport are to include funds for solar cell, charging post for e-vehicles and a pot to incentivise electric bicycle uptake.

Full article here: https://cyclingindustry.news/swedish-government-to-offer-e37-million-co-funding-for-e-bike-growth/

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