hGears : EU lowers VAT regime for E-bikes
>Positive effects on demand and sales mix expected - The EU decision to lower the VAT regime for E-bikes is positive as lower prices may entice consumers that were already in the market for an E-bike to opt for a more expensive, higher quality E-bike in terms of drive system power output and battery. The lower price may also result in more consumers (that were considering an E-bike as an alternative to public transport and a car) opting for an E-bike. So the overall i...
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