E-bike rebate energizing bike businesses
The provinces new E-bike rebate which launched on Friday has created a frenzy among would be bike buyers.
According to the Ministry of Transportation and Infrastructure the program received over 12,000 applications in the first 24 hours of the June 1 st launch date.
Just 4,000 received approval within 8 hours with the remaining 8,000 placed on a waiting list, while their applications are reviewed.
“I definitely noticed an immediate spike and it was easy to track as people were asking about the rebate, I think it drove a lot more local business than online bike sales,” Vernon Electric Fat Bike founder Kalyn Webster told Vernon Matters.