Analysts are readjusting their forecasts for fuel demand and car sales in Asia due to the popularity of dockless urban bike-hire, it has been reported.
The dockless bike-share operators Ofo and Mobike plan to be in more than 200 cities by the end of 2017 and the end of 2018 respectively and will have a combined total of 30 million bikes in operation by the end of the year having attracted $2bn in funding. Reuters TV reported results from a Thomson Reuters Survey suggesting that 18% of survey respondents in cities including Beijing, Seoul and Singapore who provided an in-depth insight into their travel patterns said that they were using bikes instead of carbon-emitting vehicles. The majority would have taken public transport or walked. The respondents were often using the bikes for the "last-mile" of trips made by public transport. Another, larger survey by Mobike suggested that car trips among users had halved, the report added.
Mobike was quoted as saying that it would operate in any city "where our smart bike solution can address local transportation needs and where we have... support from local officials". UK authorities have asked the fledgling dockless bike-hire industry here to work with them or risk having their bikes removed from the streets, LTT reported.
TransportXtra is part of Landor LINKS
© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved
Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959
Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855
Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861
Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865
Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875
Privacy Policy | Terms and Conditions | Advertise
Web design london by Brainiac Media 2020