Maker of leading low-cost electric bicycle Lectric XP adds new industry exec, ups production

Phoenix-based Lectric eBikes has made a name for itself in its two short years of existence thanks to the company’s smash hit Lectric XP e-bike. Now the garage startup turned massive e-bike brand is getting a boost of old-school cred with the hi…

Electric bicycle tax credit makes progress in Congress but gets slashed from 30% to 15%

A 30% tax credit for electric bicycle purchases in the US has been slowly working its way through the gauntlet of Congress. The latest update to the proposed legislation shows much anticipated progress but also reduces the potential size of the incent…