Electric bikes are about to get more expensive, and the timing couldn’t be worse

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The exclusions on 25 percent tariffs on e-bikes and batteries made in China are set to expire, which means prices are likely to increase for consumers.

Earlier this month, the Biden administration announced major new tariffs on Chinese imports, including electric vehicles, batteries, solar cells, and a range of other goods. The goal was to prevent China from flooding the market with cheap products that could endanger domestic manufacturers. But environmental groups warned it could hinder our efforts to meet our climate goals by making things like EVs and solar panels more expensive.

And states across the country are recognizing the potential of e-bikes to help reduce emissions and car trips by offering rebates and other incentives to make them more affordable for consumers. The Biden administration, though, is more fixated on getting people to switch from gas to electric cars, through $7,500 tax credits and billions spent on EV charging infrastructure. Bikes are merely an afterthought, still viewed by the wider public as recreational rather than transformational.

 

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