I read the law some months ago and it was 13k per dependant ('part'). This is still a good deal for poor to struggling families. Trade your money pit for this new bike. This specific one is meant for poor families looking for a means of moving around. I can tell, looking at the yearly cost of owning a car, that this could really help some city folks getting out of the trap of auto-credit/insurance/maintenance cost that makes end-of-months a struggle.

And be careful with such subsidies: when they created the 600eur subvention for e-cargo in Paris I observed a (maybe uncorrelated) substantial increase in price of e-cargos...