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New Tool Calculates the Economic Benefits of E-bikes for Businesses

New Tool Calculates the Economic Benefits of E-bikes for Businesses

A new tool, developed for the European e-bike advocacy group PRO E-BIKE, runs a comprehensive analysis of costs associated with a business’ transportation needs in order to determine the savings brought by e-bike usage.

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Photo by Mikael Colville-Andersen

Photo by Mikael Colville-Andersen

If you guessed that using an e-bike instead of a motorized vehicle for commercial transportation would save your business money, you guessed right. But just how much money exactly?

A new tool, developed for the European e-bike advocacy group PRO E-BIKE, runs a comprehensive analysis of costs associated with a business’ transportation needs in order to determine the savings brought by e-bike usage. The tool looks at total costs, including initial purchase price as well as fixed and variable running costs such as insurance, maintenance, and fuel. It produces a detailed report on the savings provided by switching to (or starting with!) e-bikes instead of motorized vehicles. Because the tool works offline, the input data and results remain the property of the business owner.

The European Cyclists’ Federation is currently seeking business owners or people with professional responsibility for vehicle purchasing to test the tool. If you are interested in participating, contact ECF Project Manager Randy Rzewnicki  by email.

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