Get Up to 600€ for Your New E-Bike
Hey Madrid cyclists! Are you thinking about upgrading to an electric bicycle? Now's the perfect time! The Madrid City Council has just announced an exciting subsidy under the Cambia 360 Micromobility plan. This initiative is here to make your switch to eco-friendly transportation smoother and more affordable.
What’s the Deal?
From April 17, 2024, to September 30, 2024, you can apply for financial assistance that covers up to 50% of your e-bike’s purchase price, excluding taxes and accessories, with a maximum subsidy of 600 euros.
Here’s the catch: the total funding available for this initiative is 150,000€, so don't miss out!
Who Can Apply?
If you’ve bought your pedal-assist bicycle on or after October 3, 2023, and meet the requirements outlined in the call, you’re eligible to apply for the subsidy.
E-Bike Requirements
To qualify for the subsidy, your new e-bike must have the following features:
- Auxiliary Electric Motor: The bike must have a continuous nominal power of 250 watts or less. The motor cannot solely propel the bike and must progressively reduce its power, stopping completely before the bike reaches 25 km/h or if the cyclist stops pedaling.
- Complete Lighting System: Your e-bike should be equipped with front and rear lights to ensure safety.
- Fenders and Kickstand: These practical features are a must for a smooth ride in all conditions.
How to Apply
- Purchase your e-bike: Make sure your bike meets all the specified requirements.
- Prepare your documents: Keep your purchase receipt and any other required documentation handy.
- Submit your application: Applications open on April 17, 2024, so mark your calendars and be ready to apply early to secure your subsidy.
Why Switch to an E-Bike?
- Eco-Friendly: Reduce your carbon footprint and help make Madrid a greener city.
- Cost-Effective: Save on fuel and public transport costs.
- Health Benefits: Enjoy the benefits of regular physical activity without the strain of a traditional bike.
- Convenience: Navigate traffic with ease and find parking anywhere.
Don’t miss this fantastic opportunity to make a smart, sustainable, and economical choice. Upgrade to an electric bicycle and join the movement towards a cleaner, greener Madrid!
Stay tuned for more updates and tips on making the most of your e-bike experience.
Happy cycling!
