Tag: freedom to move
Jason Kraft, CEO of Electric Bike Technologies, Inc., highlights the history of Electric Bike Technologies Inc. and their most popular brand of electric tricycle designed for seniors, the Liberty Trike.
Nine-year-old Maggie Monnin and her 8-year-old sister Charlie have spinal muscular atrophy, a neurodegenerative disease that can be fatal. But their smiles are a lot brighter thanks to a surprise gift from Jason Kraft, who makes motorized tricycles that are typically for senior citizens. Dylan Dreyer reports for TODAY’s series The Upside.
The E-BIKE Act creates a consumer tax credit that will cover 30% of the cost of the e-bike, up to a $1,500 credit. It only applies to new e-bikes that cost less than $8,000 and is fully refundable, allowing lower-income workers to claim the credit.