Already own an e-bike or looking to explore other EV options? We’ll do a quick dive into the potential advantages and opportunities of dipping your feet into the future of electric transit.
Incentives for Electric Vehicle Infrastructure
With the advent of mindful consumption and the growing demand for sustainability, E-Transportation makes for an attractive long-term solution in the transit sector. Consumers, agencies, and city officials are starting to see the promising benefits of this technology. The next step? Accessibility for everyone.
From installing universal charging stations to enacting laws that support the use and purchase of EVs, 2022 has become a milestone year for the mass electrification of personal vehicles and public transport options. Below are a few advancements for the E-transportation sector in Canada.
The Low Carbon Fuel Act
Bill 15 (Low Carbon Fuel Act), which recently received Royal Assent last June, aims to help reduce emissions in the transport sector. On top of promoting the installation of electric vehicle charging infrastructures across BC, it also seeks to incentivize consumers and businesses to substantially decrease fuel costs by using clean BC electric fuel.
iZEV Program
To further support the adoption of electric vehicles by Canadians and businesses, the iZEV Program offers incentives of up to $5,000 for consumers who purchase or lease eligible zero-emission vehicles. Only the vehicles on this list qualify for the incentive when they’re bought or leased for at least 12 months, on or after the eligibility date.
Redesigned City Structures
Mobility Greenway’s commitment to creating sustainable and accessible infrastructures supports personal and commercial micro-mobility devices such as e-bikes and e-scooters. This aims to help people of all ages and abilities to travel across Toronto’s suburban northwest four times easier and quicker without needing a motor vehicle or transit.
UPS Deploys E-bikes for Urban Deliveries
Advancements for e-transit opportunities in global business sectors such as Europe, the United States, and some Asian markets are also evident in the near future. Such is the case with the UPS initiative that encourages people to try out four-wheeled “eQuad” cargo e-bikes for deliveries in densely packed urban areas.
What Are Different Types of Electric Vehicles?
You might already be familiar with the electric scooter and the e-bike, so here’s a list of EV options you can explore according to Smart Wheel Canada:
- The Segway
- Hoverboards
- Electric Skateboards
- Electric Scooters
- Electric Bikes
- Onewheel
- The Walkcar
- Electric Skates And
- Electric Unicycles
What Are Zero-Emission Vehicles?
A Zero-Emission Vehicle (ZEV) does not release tailpipe emissions. Although they might include an internal combustion engine, they must also be able to work without it. There are four types of ZEVs (all of which are also electric vehicles).
- Battery Electric Vehicle
- Hybrid Electric Vehicle
- Plug-In Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle
All Hype or Worthy Investment?
The path for E-Transportation is paved with good incentives. Early adopters are at a prominent financial and sustainable advantage. If you’re considering buying an e-bike, ensure your high-powered ride is insured.
Bicycle Broker has exclusive access to the best e-bike insurance policies. From theft coverage for e-bikes to delivery bike insurance, our brokers have your back.