Tag Archive | "budget"

Parisian Ebike Purchasers Continue to Receive Subsidies

Parisian Ebike Purchasers Continue to Receive Subsidies

PARIS, France – The Paris Council voted to extend the existing subsidy on the purchase of e-Scooters by including e-Bikes.

The subsidy amounts up to 25% of the purchase price, with a maximum amount of € 400. It applies to all Parisians, whiles the period as well as the budget, is not limited.

The promotion of cycling is one of the major targets of the City of Paris. Hundreds of kilometers of bike paths have been, or are in the process of being, paved.

See the complete article at Bike Europe.

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The Tork India Team

The Tork India Team

tork-india-team

The Tork India team, consisting of five engineering students, without a sponsor, earned a third place podium finish in one of the world’s most notorious circuits — that of the Isle of Man Time trials, during the first ever zero emissions TTXGP.

They’re already preparing for next year.

According to the new set of regulations, the Tork India team needs to have a bike that will not only clock over 100 miles an hour but also be able to race on professional circuits for longer time durations. Kapil Shelke, team leader says, “The total budget for the entire race season next year is Rs four crore. We need to have extra packs of batteries, which alone cost more than 50 lakhs. In addition to that we need to develop a new chassis, transmission systems, and upgrade the electronic systems of the bike, which will cost a lot as most of the materials have to be imported from America or from Europe.”

Read the complete article at Express India.

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