France will increase financial aid for the purchase of electric bicycles

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It should soon become easier to buy an electric bike in France, since the Parliament votes on a bill aimed at improving public access to subsidies from August 15.

People wishing to buy an electric bike (electrically assisted bicycle or VAE) are already able to request a State Bike Bonus (state bicycle bonus) up to €200 if their reference tax income (taxable income) is less than or equal to €13,489 per household’part‘ (unity).

You can find out more about this criterion on the government website.

From August 15, this sum will increase to a maximum of €300, but will vary according to the income of the applicant.

For the most modest households and people with disabilities, the aid can go up to €400.

If you want to buy an electric cargo bike – with a rack or storage case, for example – the government subsidy could be as high as €2,000, up from €1,000 currently.

However, this financing is capped at 40% of the original price of the bike.

Additionally, people wishing to access grants will no longer have to match their government funding with a grant from their local authority, a process which has caused problems for some in the past.

What are the eligibility criteria for a Bike Bonus?

In order to qualify for the Bonus Bikethe bike must:

You must keep the bike for at least one year after purchasing it. Also, you can only access funding once.

People wishing to benefit from the new funding thresholds must purchase their bike before December 31, 2022.

Conversion bonuses

The government is also preparing to facilitate access prime numbers at conversion for people wishing to exchange their vehicle for an e-bike.

Previously, it was only possible to get one prime per household, but now each person in the household wishing to swap their vehicle for a bicycle will be able to access a subsidy.

The funding available for this will also increase from €1,500 to €3,000.

The changes result from amending finance bill budget amendment, which includes 5 million euros for the promotion of electric bicycles.

Details on the application of the new e-bike subsidy rules will be described in due course.

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