Lyft resumes shared electric bike rentals in New York City

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Lyft resumes shared electric bike rentals in New York City

On Wednesday, the 19th of February 2020, the San Francisco, CA-based smaller rival of ride-sharing pioneer Uber Technologies, Lyft Inc. had made an announcement saying that the smaller ride-sharing company mostly focused in the United States and Canada, was going to unfurl a fleet of hundreds of electric bikes which would be made available for rents across the New York City.

In point of fact, Lyft Inc.’s latest roll out of its shared electric bike rental service was brought in to the lights nearly 10 months after the ride-hailing company had been able to pull itself out off a number of complaints and injury reports related to its shared e-bike rental services.

Besides, the smaller Uber rival had also set out roughly 900 Citi Bike stations for a per-minute fee, which would more likely to fuel up a fresh challenge for the non-electric shared taxis which had still been charging a flat rate, while Lyft Inc.

had also added in its Wednesday’s (February 19th) statement that the US city of New York, the most populous in the United States offering residence to 8 million people, would likely to witness a gradual rise in shared e-bikes depending on the demands, while Lyft Inc.’s electric bikes would charge 15 cents per minute for common residents and 10 cents per minute for its annual subscribers.