LimeBike. Spin. Mobike. Ofo. They’re everywhere.
The colorful GPS-tracked bikes that rent for as little as $1 have burst onto the scene, embraced by city dwellers who want easy access to cheap transportation and cities eager to provide alternatives that take vehicles off the road for little to no investment.
“Something about this new business model, something about the dollar ride is very attractive to people that weren’t riding before,” said Gabe Klein, a former transportation chief in the District and Chicago. “The bike market could triple or quadruple.”
Advocates and transportation officials agree that the dockless systems have the potential to significantly boost bike travel. The systems are available in more than 20 U.S. cities, including Seattle, Dallas and Washington, and on a dozen college campuses.
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