Have your eye on one of those lovely electric motorcycles we talked about yesterday? You should. If so, you’ll be glad to know Congress supports your decision and wants to help make buying electric a little easier on your bank account.
The Protecting Americans from Tax Hikes (PATH) Act was just passed by Congress and signed by President Obama, which gives buyers of electric motorcycles a tax credit of 10 percent of the purchase, up to $2,500.
You can also get 30 percent back on a charger, so long as it is on a separate invoice.
The credit, which expired at the end of 2013, has been reinstated for 2016 and made retroactive for 2015. It applies to any two-wheeled vehicle that can achieve speeds of 45 mph and have at least a 4 kwh battery.
This means that the new apple of my eye, the Alta Redshift SM pictured above is now $13,945 instead of $15,495 which, while still a hefty chunk of change, is a lot closer to what a KTM or similar version would be.
What electric bike would you buy?