Predicting the future involves understanding the interaction of many forces. This is far harder than it looks. But we can increasingly see how cycling becomes a bigger part of the US transport and recreation scene. Here is the basic logic:
• Cycling is a great platform for fitness and for enjoyment
• Cycling activity rose by 300% in 2020
• Governments are encouraging cycling with incentives, based on environmental and traffic concerns
• eBikes are encouraging new cyclists to get on a bike and supporting use of bikes for commuting
• Bike infrastructure is limited and fragmented, especially relative to rising demand
• 83% of US citizens live in cities, so the infrastructure problem is urban for the most part
• The cost of significantly increasing bike infrastructure will be substantial ($ billions)
• Normally, infrastructure is paid for via taxes, and some of those are specifically levied on users
(registration fees, fuel taxes, tolls)
• Historically, bikes have not had the tax infrastructure to expand very much
• New bike taxes, while trying to encourage bicycling, seem politically and logically troubling
One obvious solution is that some of the automotive tax revenue stream can be diverted to bicycling if the benefit is cycling is lower congestion and lower maintenance costs. We are skeptical that this math adds up, but it might be part of the picture.
The other part of the solution which just began testing is sharing the bike infrastructure with other taxable users, specifically autonomous delivery vehicles. Such testing in beginning in Austin with the Refraction AI Rev-1.
Reaction in Austin is mixed, although some in the cycling community seem to get the benefit. The proof? Here.
The Honda e-bike promises to bring innovation and expertise from its motorcycle business to the burgeoning electric bicycle sector.
Kia has announced its intention to adopt Tesla’s North American Charging Standard (NACS) in the fourth quarter of 2024.
Cario announced the launch of its blockchain-based platform, designed to fix the way vehicle title transfers is done.
Texas has given the green light to a controversial plan that mandates the inclusion of Tesla NACS technology in EV charging stations.