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posted by chromas on Wednesday November 28 2018, @01:01AM   Printer-friendly
from the Keynesian-bikenomics dept.

BBCTech:

What is claimed to be the UK's first dockless electric bike hire service has begun, despite the risk of vandalism.

Lime said its motor-assisted bikes in Milton Keynes would be accessible for people of any age or fitness level.

They can be unlocked for £1, ridden for 15p per minute, then parked anywhere "responsibly" after use.

Santander pedal bikes can already be rented in the town for £1 per 30 minutes, but over half were vandalised and not in use during summer 2017.

More bikesharing makes it more convenient to cycle, but will drivers share the road?


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  • (Score: 1, Touché) by Anonymous Coward on Wednesday November 28 2018, @02:50AM

    by Anonymous Coward on Wednesday November 28 2018, @02:50AM (#767162)
    In this business all that matters is to gather up the willing investors. After money changes hands, the bikes can be melted down. The investors make their own small profit on it. Otherwise there would be no fools to invest into an obvious disaster.
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