A pivotal moment on Capital Hill for the electric motorcycle segment, as the US Senate Finance Committee has green-lit a bill that would extend tax credits for on-road electric vehicles, which include electric motorcycles. The measure now goes to the full body of the US Senate for voting, and if passed, then$2,500 in tax credits will continue to be given on electric vehicle purchases.

“Without an extension of this tax credit for the purchase of electric motorcycles, we could be stifling this innovative new industry in its infancy,” said Senator Ron Wyden (D-Oregon). A testament to the lobbying power of electric motorcycle manufacturers, Sen. Wyden is at least correct in his assessment that the federal and state subsidies available to electric vehicle manufacturers create a tipping-scale advantage for this fledgling industry.