Props to REI for helping drive support for the EBIKE Act.
Today, electric cars get $7500 subsidies and electric bikes get none. Yet all cars already receive enormous subsidies in the form of roads (which cars then destroy).
A subsidy for ebikes is a sensible policy we should
It’s not just Tampa. Everyone is waking up to how deep the demand for walkability is. 92% of Gen Z would pay more to live in a walkable neighborhood.
Every city is in a dogfight to become more walkable before the others do. Even if they don’t know it yet.
I’ve had hundreds of people tell me they bought their first ebike as a result of this sale.
We subsidize electric cars to the tune of 15 times the price of this bike.
We don’t subsidize electric bikes at all. Imagine the impact if we did.
Excited to share that we’ve raised a $30M Series A led by @khoslaventures, along with @foundersfund, LENx (@Lennar), Byers Capital, @ziggcap, and @Initialized.
This capital will accelerate our mission to build cities for people, not cars.