The region and the Sparkasse welcome the federal government’s funding for cargo bikes

From March 1st, 2021, the purchase of commercial cargo bikes and cargo trailers with electric drive support will be subsidized with a premium of 25 percent, but a maximum of 2500 euros.

The purchase premium can be applied for at the Federal Office for Export Control (BAFA) and runs until February 2024, as indicated by the Hanover region, which launched a funding program for companies, freelancers and associations for the purchase of cargo bikes for the first time in 2017. The financial resources were provided by the Sparkasse Hannover.

“Four years ago we were one of the first nationwide at the municipal level to distribute cargo bike funding – so I am pleased that the federal government is now taking up this sensible measure and expanding it,” said Ulf-Birger Franz, the head of transport for the Hanover region.

Since 2017, regional subsidies for around 150 commercially used cargo bikes with up to 1000 euros have been approved. The beneficiaries were craft businesses, but also daycare centers, old people’s homes and freelance creative people. The funding came from the “Sparkassenbrief N +”, with which the Sparkasse promotes climate and environmental protection projects in the Hanover region.

For the financial institute, press spokesman Stefan Becker affirmed: “With our joint program, we were able to make a significant contribution to the purchase of cargo bikes. Especially for smaller craft and service companies, the subsidy was usually the last reason to buy. This enabled us to transport the region Make it a bit more climate-friendly and, last but not least, strengthen the regional bicycle trade. The cargo bike has found its place in everyday life. ” Sparkasse Hannover will use the funds from Sparkassenbrief N + to support meaningful and sustainable projects in the region in the future.

Program duration: March 1, 2021 to April 29, 2024

Funding by the Federal Environment Ministry via the “E-Cargo Bike Directive” starts on March 1st, 2021 and runs until February 29th, 2024.

The cargo bikes with electric drive support must be new, may only be designed for the transport of loads and must have a payload of at least 120 kilograms.

All necessary information can be found at: https://www.klimaschutz.de/foerderung/e-lastenfahrrad-politik

(Posted on February 23, 2021)

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