Pace 500 v2 can and will withstand biking during most permitting weather conditions. However, it is an electric bike after all, with electrical components needing some added caution.
Pace 500 v2 is built to the IPX4 water-resistant standard. IPX4 is a standard that indicates your bike is resistant to multi-directional water splashes, meaning it is okay to ride or park your Pace 500 v2 in rain. Light to moderate raindrops or splashes from a wet road will not harm your ebike, but be wary of harsher weather and rainfall conditions. Pace 500 v2 tires are not intended for riding in snow or during snowfall.
The general rule of thumb is, if weather impacts your visibility and has the possibility to affect your bike's functionality, it is likely not a safe riding condition. With that in mind, safe riding!