motorcycle no is offering discounts on its bikes to encourage riders to switch to electrics. The motorcycle EV The manufacturer says it will offer riders an “instant incentive” of up to $4,250 on certain models in 2022 as part of their plan. “Go electric” program, can make up for the current shortage federal tax credit applies to electric bicycles in the United States
The “”go to electricityThe offer will be up to $3,000 off the price of the 2022 Zero SR/S or 2022 Zero SR/F, and when combined with other dealer offers, the total discount can go up to $4,250. The discount seems to apply to all models in the Zero line, but smaller bikes like the FX and FXE will only get a $1,250 discount.
While there has been a lot of talk about how Inflation Reduction Act will apply (or not) to some EV cars and trucks, not much is known about the expiring tax credits for EV motorcycles yet. Once the IRA goes into effect, the credits that apply to e-bikes completely expire, like Revzilla’s joint step explain:
…The Inflation Reduction Act turned out to be a significant loss for electric motorcycles.
“The AMA was disappointed to see that the entire electric motorcycle tax credit provision was not only omitted but actually replaced in the bill and did,” said Michael Sayre, Director of Government Relations for American Motorcyclists. Working hard with the electric motorcycle industry to save this program. Combination. “Ultimately, by the time this bill was introduced, most of the negotiations were already underway and very few of the many proposed amendments had been agreed upon prior to passage.”
The Inflation Reduction Act completely eliminated the now-expired electric motorcycle tax credit system. This is a big difference from the Build Back Better plan, says Sayre, which “also includes a tripling electric motorcycle offer up to 30% of the purchase price for a maximum of $7,500. ”
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It seems like a big oversight to exclude two-wheeled EVs, but motorcycles are still relegated to being merely recreational vehicles in America, as opposed to viable modes of transport.
If federal incentives were tied to a vehicle’s eco-friendliness, riders should be getting tax credits for even buying Yamaha Zuma 125 scooters or Honda SuperCubs. That Yamaha scoot gets over 100 miles per gallon! Two-wheelers are paragons of efficiency, and that applies to EV motorcycles, too.
And while the company say While saying that the offer will apply to the company’s latest models at the showroom, it appears that the discount only applies to the 2022 models. Zero did not specify whether the discount will apply to the model year. 2023 or not, so it’s likely that the offer won’t apply to the actual “latest models”.
Reading the offer from Zero skeptically might indicate that this is a way to shuffle the 2022 models out the door. Maybe it is. But, who cares? I wouldn’t blame an EV bike maker for making their all-electric motorcycles much more affordable. And making it an alternative to the lack of federal tax credits on e-bikes could also serve as a reminder of careless oversight in IRAs.
