Lithuania’s trade-in program is swapping people’s old cars for new e-bikes – electrek
Micah Toll
Shocking, right?
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.