Lithuania’s trade-in program is swapping people’s old cars for new e-bikes – electrek
Trading in old cars for new electric bikes
Perhaps it’s not so shocking for Lithuanians, who jumped at the opportunity to swap their old cars for new e-bikes.
The program was developed by Lithuania‘s Environmental Project Management Agency (APVA), part of the country’s Ministry of Environment.
The program began this summer with a budget of €8 million.
To qualify, citizens can apply for and then receive a subsidy of up to €1,000 (nearly US$1,200) for the purchase of a new electric bicycle, bicycle, e-scooter, e-moped, e-motorcycle or even public transportation credits, after exchanging their old vehicle, according to LRT.