Devou Good Foundation Offers $500 E-Bike Incentive Transportation Option Good for Health and the Environment
Committed to active transportation in the Greater Cincinnati area, the Devou Good Foundation is pledging $50,000 for the region’s first e-bike incentive program.
Rebates of $500 are available for residents of the five northern Kentucky River towns and nine Cincinnati ZIP codes. To qualify for the program, e-bikes can be purchased online or at local retailers after Feb. 15, priced between $1,199 and $2,500.
More program and application details are available at www.devougood.com/ebike-rebate.
Matt Butler, Chairman of the Devou Good Foundation, said: “E-bikes reduce riders’ carbon footprint, improve their physical and emotional health while eliminating road wear and tear. E-bikes are a key part of active transportation and creating a sustainable future.
They emit 25g of CO2e per person per kilometer, while buses emit 110g and cars emit 240g. This incentive program can reduce CO2e by 34,595g per mile driven, resulting in better air quality which translates to a better quality of life.
“The New York Times” reports that electric bicycle sales will reach 130 million worldwide between 2020 and 2023. Electric bicycles are already the world’s best-selling electric vehicle and are experiencing substantial growth. They are a convenient, healthy and viable transportation option that adds to the vibrancy of the community. The popularity of e-bikes and active transportation around the world is creating demand for more cycling infrastructure.
Earlier this month, Crown Cincinnati announced a $10 million fundraiser for the completion of the first phase of the 34-mile urban trail.
Although the Cincinnati area lags in e-bike ownership and cycling infrastructure, use and demand are growing, and preparation is vital.
The Devou Good Foundation is also investing $3 million in safer infrastructure for walking and cycling with its Active Transportation Fund.
Devou Good Foundation