is not only proving popular but also promising when it comes to curbing costs and emissions that contribute to climate change, new research shows.for other cities across the country, as more communities adopt initiatives aimed at reaching net-zero emissions.
Ride Report partnered with the city to track rebate recipients who voluntarily downloaded the company's app, CEO Michael Schwartz tells Axios Denver.Last year, the roughly 100 riders tracked by Ride Report rode an average of 26 miles per week — replacing 3.4 roundtrips in a vehicle. The program was estimated to have cut 2,040 metric tons of carbon dioxide in 2022 and saved nearly $1 million in avoided fuel andIncome-qualified residents, or people making less than 80% of the city's median area income, rode their e-bikes nearly 50% more than other rebate recipients, per the white paper.