Denver’s e-bike subsidy program produced more new riders, fewer car trips
When you factor in the reduced capital costs, carbon emissions, noise pollution, traffic, wear on infrastructure, health benefits, etc of electric bicycles the opportunity cost of car ownership over e-bike adoption is tremendous. The average cost of owning a car in 2022 is $10,728 per year: a figure which blows my mind.(edit: Source bankrate.com, the top hit on google)As a personal anecdote, my household has gone from 3 cars pre-pandemic (2 commuters + 1 back up beater car) down to 1 commuter, 1 e-bike, 1 bicycle. The change has been startling in improved quality of life.