Budget bike-sharing scheme to launch in London

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Chinese bike-sharing scheme ‘Mobike’ is planned to launch in West London from September 2017, weeks after its UK launch in Manchester.

Mobike works via an app, rather than using bike doking stations like other schemes. Users can book bikes via the app and unblock them with a QR code. Each bicycle will be fitted with a GPS to allow them to be located and monitored.

The scheme will launch with 750 bikes available for pickup in Ealing and available for use across the whole city. Users will be charged a £29 initial deposit and will then pay 50p per 30 minutes of use.

Julian Bell, leader of Ealing Council, said: “We have a wide range of cycling support already in place, including free cycle training, free maintenance checks and free guided bike tours, and this affordable, dockless bike scheme will complement all these. I look forward to seeing more residents leave their cars at home and switch to a Mobike instead.”

As well as its native China, Mobike has already launched in over 150 cities globally. The company is currently valued between $2.7bn and $3bn after the latest funding round in June.

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