Bikeshare

Posted June 5, 2019

SANTA MONICA, Calif. (BRAIN) — Bird, which operates e-scooter share programs in more than 100 cities, has announced a new option being rolled out for tests in some markets: a two-seated electric bike called the Bird Cruiser.

Posted May 23, 2019

NEW YORK (BRAIN) — Citi Bike pedal bikes now will be available through the ride-sharing Lyft app. Previously, Lyft bike-sharing users needed a Citi Bike account to locate and rent.

Posted April 26, 2019

NEW YORK (BRAIN) — Uber's upcoming IPO will likely start out with shares being offered at $44 to $50, which would raise $8 billion to $10 billion and value the ride-hailing company at $80 billion to $90 billion, according a report by Bloomberg.

Posted April 17, 2019

IRVINE, Calif. (BRAIN) — Shimano says manufacturers apparently didn’t follow its requirements when spec’ing front brakes on some electric share bikes, possibly causing problems that led to Lyft and Uber pulling the bikes from service.

Posted January 15, 2019
(BRAIN) — "Mobility" is a common buzzword in the tech and transportation industries, and in the European bike industry. In the U.S. bike industry? Not so much.
Posted January 9, 2019

SHANGHAI (BRAIN) — Multiple Asian news sites are reporting that bike share giant Ofo has dissolved its overseas business unit, retreating from operating in the U.S., Hong Kong, Singapore and France.

Posted December 23, 2018

BEIJING (BRAIN) — Ofo, the world's largest and best known dockless bike share operator, is struggling financially, in part due to demands for deposit refunds from customers in markets where Ofo has stopped operating.

Posted November 30, 2018

NEW YORK (BRAIN) — Ride share company Lyft has completed its purchase of Motivate, the country's largest bike share company. The purchase was originally announced in July. 

Posted November 7, 2018

DEARBORN, Mich. (BRAIN) — Axios is reporting, based on multiple unnamed sources, that Ford Motor Co. has agreed to buy the electric scooter startup Spin.

Posted October 30, 2018

BEIJING (BRAIN) — Ofo is now ending its dockless ride sharing service in Japan, once considered a key market for the Chinese company. This year the company has stopped operating in markets in the U.S., Germany, Spain, Australia and Israel.

Posted October 29, 2018

WASHINGTON (BRAIN) — Next Tuesday, dockless sharebike company Lime will offer free rides to the polls on Election Day.

Lime will make its share bikes, e-bikes and e-scooters available in more than 100 cities in the U.S. to ride to and from a polling station, up to 30 minutes.

Posted October 23, 2018

BEIJING (BRAIN) — Dai Wei, the founder and chief executive of Chinese bike-share giant Ofo, has stepped aside as the company's top legal representative as Ofo faces multiple lawsuits in China. 

Ofo has named Chen Zhengjiang, the head of its hardware supply department, as the new legal representative.

Posted September 27, 2018

SAN FRANCISCO (BRAIN) — Dara Khosrowshahi, the CEO of ride-share company Uber, says e-bikes are often the best way to get around a city, especially during rush hours.

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