Denver’s E-Bike Rebates Are So Hot They're Gone Within Minutes - Bloomberg
By Whitney Bauck
Denver’s vouchers offer a rebate of as much as $1,700 for residents buying an electric bicycle — and cities including New York are taking note.
A new program in Denver offering rebates for electric bikes has become so popular, you’d think the city was giving away free Broncos tickets.
Residents this month scooped up the latest lot of 400 vouchers within minutes of them becoming available on the city’s online portal. It was the fifth round of the monthly program, which was first launched in April. Even Grace Rink, the city’s chief climate officer who touts the program as a way to help Denver reach its climate goals and reduce air pollution, was surprised by how much of a hit the rebates would become.