This seems like bad policy. The majority of E-Bike purchasers are 60 and older. Most of them have plenty of money/assets, and don't commute to work. The bikes are being used mostly for leisure activity so they will actually consume more energy rather than "save energy". Most importantly this "tax credit" is actually a tax on all citizens, that will go straight into Chinese manufacturing pockets and increase the indebtedness of U.S. taxpayers.