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Bicycle Market To Reflect Tremendous Growth Potential With A CAGR Of 6.1% By 2025: Grand View Research Inc.

According to a report,
Bicycle Market Size, Share & Trends Analysis Report By Product (Mountain, Hybrid, Road), By Technology (Electric, Conventional), By End User (Men, Women, Kids), By Region, And Segment Forecasts, 2018 2025, published by Grand View Research, Inc. The global bicycle market size is expected to reach USD 75.47 billion by 2025, registering a CAGR of 6.1%, as per a new report by Grand View Research Inc. Bicycles are preferred for short distance commutes and can save fuel costs unlike vehicles. Moreover, growing traffic congestions and limited parking spaces are prompting people to reconsider bicycles as a primary commute option.
Rising emphasis on the use of environment friendly modes of commute for short distances by the governments across the world is projected to positively influence market growth. The fact that bicycles do not emit any pollutants is anticipated to drive their demand in near future. ....

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Ride a Bike, Get a Tax Break: Congress Introduces 2 Bicycle Commuter Bills

A bill introduced to Congress this session could grant bike commuters a tax break. And another related bill offers perks for e-bike riders as well. ....

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The Station: Archer Aviation's two big scores, a boost for ebikes and how Uber defines adjusted EBITDA – TechCrunch

There is quite a bit to get to this week, so let’s charge forward.
Email me at kirsten.korosec@techcrunch.com to share thoughts, criticisms, opinions or tips. You also can send a direct message to me at Twitter @kirstenkorosec.
Micromobbin’
The spike in electric bike sales was one of the rosier outcomes of the COVID-19 pandemic. Now, new legislation introduced this past week by U.S. representatives Jimmy Panetta (D-CA) and Earl Blumenauer (D-OR) could push sales even higher. The Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act proposes creating a consumer tax credit that would cover 30% of the cost of an electric bicycle up to a $1,500 credit. The proposed bill applies to new electric bicycles that cost less than $8,000 and is fully refundable, allowing lower-income workers to claim the credit, according to Panetta’s announcement. ....

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The Station: Archer Aviation's two big scores, a boost for e-bikes and how Uber defines adjusted EBITDA

The Station: Archer Aviation s two big scores, a boost for e-bikes and how Uber defines adjusted EBITDA
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February 15, 2021, 9:09 AM·17 min read
There is quite a bit to get to this week, so let s charge forward.
Email me at kirsten.korosec@techcrunch.com to share thoughts, criticisms, opinions or tips. You also can send a direct message to me at Twitter @kirstenkorosec.
Micromobbin
the station scooter1a
The spike in electric bike sales was one of the rosier outcomes of the COVID-19 pandemic. Now, new legislation introduced this past week by U.S. representatives Jimmy Panetta (D-CA) and Earl Blumenauer (D-OR) could push sales even higher. The Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act proposes creating a consumer tax credit that would cover 30% of the cost of an electric bicycle up to a $1,500 credit. The proposed bill applies to new electric bicycles that cost less than $8,000 and is fully refundable, allow ....

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Bill Would Finally Give Bikeshare Transit Dollars

Bike- and scooter-share systems across the country may soon be eligible for the federal transit dollars they need to remain a stable and thriving element of our transportation landscape, if advocates succeed in getting a hard-fought bill through Congress.
Last week, Congressional Bike Caucus co-chair Earl Blumenauer (D-OR) and co-sponsors Ayanna Pressley (D-MA) and Vernon Buchanan (R-FL) re-introduced the long-stalled Bikeshare Transit Act, which would amend federal code to include micromobility projects under the umbrella of transit improvements that may get USDOT funding. Right now, transit agencies can use federal money to build parking for
privately owned bikes at stops and stations, but not for micromobility hubs that riders could use to complete the last mile or two of their journey. ....

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