The Bike Purchase Bonus
Urban mobility has been one of the central themes in cities for some time now. There are many issues at stake, since the aim is to reduce road congestion and pollution and to enable everyone to move around comfortably according to their needs. For all these reasons, electric mobility is increasingly popular and users are becoming more and more numerous. If you're thinking of taking the plunge, you can take advantage of a bicycle purchase bonus of up to €500 from your city and combine this with assistance from the State (€200) and the Region.
We'll explain it to you!
The Bike purchase bonus: What are the eligibility criteria in France?
First of all, the bike must be new and approved. Our Yuvy electric bike, which conforms to the European standard EN15194, perfectly matches the characteristics of the bike for which you can get a bonus. Indeed, its battery is not made from lead, the motor power does not exceed 0.25 kilowatt and the maximum speed is 25 km/h. Next, you must be residing in the town where you are applying for the aid, be of legal age and have a reference tax income per share of €13,489 or less.
You can find out whether you are eligible for state aid on the government's website.
State and territorial aid
It is important to understand that you can benefit from the aid offered by your region or municipality on the one hand. Then, afterwards, it is possible to obtain State aid, up to a maximum of €200, which is in line with territorial aid. In this way, the three types of aid (State, Region, City) are cumulative. The terms and conditions of the bonus are specific to each city and it can therefore sometimes be combined with other aid to reach up to €500. This is the case in Lyon, Corsica, Île-de-France and Rueil-Malmaison, for example.
The application form
To take advantage of the Bike Purchase Bonus, you must apply to the relevant organization. To do so, you must fill in the form and send it to the Service and Payment Agency (SPA). Please note that your request for assistance must be made within six months of purchasing the bike and becomes null and void if you resell it the following year. Keep the invoice for the vehicle, which is obviously one of the documents to be attached to the form.
In order to help you find your way around, at Elwing we have created a simple tool that details the amount of the Bike Purchase Bonus city by city. This takes the form of a European guide to bonuses for buying an electric bike that covers France, Belgium, Luxembourg and Switzerland. We make sure to regularly update this service with new location.
The Bike Purchase Bonus is a really good way to take the plunge and switch to electric bikes. And to treat yourself to our Yuvy which fulfills all the necessary conditions! Nevertheless, if you are not eligible or if your local authority does not yet grant this type of aid, don't panic. Indeed, there are other schemes that you can benefit from, such as the Sustainable Mobility Package for example, which is presented in another article.