News from Finland in English

Proposed 400€ annual electric bicycle subsidy canned in Finland

Ministry of transport and communications is freezing the preparation of the eBike subsidy. The planned annual 400 euro subsidy was announced in March, but was deemed unfeasible by the governing bodies.

The proposed subsidy would have been temporary until 2021, and it was aimed at accelerating cycling over driving cars over small distances. Political parties had heated discussions, with the Blue Party stating that the subsidy would mostly benefit well off city dwellers.

Currently only a small fraction of bikes sold in the Nordic country are assisted models:

A total of 300,000 bikes are sold in the country annually, with 3,500 of them being e-Bikes in 2016. Estimated sales for 2018 is 7,000 units, but the government aims higher.
- Finland to subsidise purchases of new electric bikes with 400€ until 2021

At the end the government decided that accelerating adoption of eBikes in Finland would be done through taxation, rather than direct annual subsidies.

Written by Janita on Wednesday April 18, 2018
Permalink -

« Urban IKEA store in Helsinki inches forwards with city council approval - Nasdaq operated stock exchanges in Europe halted by fire extinguisher sound that broke server hard drives »