As part of a new, and perhaps most comprehensive plan in the nation, Santa Cruz County residents will receive economic incentives on electric bikes.
As part of a $1 million plan, called the most comprehensive of its kind in the nation, Santa Cruz County residents will be eligible for discounts, rebates and even interest-free loans on electric bikes, which can cost upward of $1,000.The plan is being championed by a former fixture of the transportation establishment, Lee Iacocca, who has a vested interest because he runs EV Global, a Los Angeles company that makes electric bikes.
Thanks to Chris Steins
FULL STORY: City Peddles Electric Bikes to Cut Traffic
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