Last Updated December 15, 2023

New Mexico
Electric Bike Rebates and Tax Credits

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New Mexico

Latest Rebates and Tax Credits - New Mexico

New Mexico
Last Updated
December 15, 2023
Post-purchase rebate
Senate Bill 343 would give e-bikes retailers cash rebates of up to $1,200 if the person they sold it to provides proof they are a low-income resident. The bill asks for around $5 million from the general fund to give these rebates to the retailers. The dollar amount can vary under this bill, between $1,200 or the cost of the bike – whichever is lower.

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