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    United Business OutlookUnited Business Outlook
    Home»Business»How bike sharing apps are changing the world

    How bike sharing apps are changing the world

    Aditi GuptaBy Aditi Gupta5 Mins Read Business March 17, 2022
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    Bike sharing apps
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    Bike sharing apps are a concept in which multiple bicycle stations are set up and anyone may rent a bike for a given period of time and return it to a different station.

    It may be seen in many cities where bicycle infrastructure is developing, and it is seen as a necessary part of making riding more accessible to the general public.

    As cycling becomes more widely accepted as a primary mode of inner-city transportation. Especially in the developed world. We shall see more of these bike shares come up. Along with the existing ones expanding.

    Whether you live in the United States, England, or Canada, you may have noticed that many individuals choose to travel by bike. In just a few years, the very simple concept of a bike-sharing program has spread around the globe.

    In basic terms, a bicycle-sharing system is a program in which anyone can borrow a bike for a specific time period and return it to a different station.

    According to the latest analysis from prnewswire.com, the global bike-sharing services market is predicted to grow at a CAGR of 12.5 percent from 2018 to 2026.

    As you can see, cycling is a popular mode of transportation.

    Reading about these bike sharing apps systems will also help you in growing your bike-sharing business. If you are planning to develop a bike-sharing app for your company. So, let’s talk about some of the greatest bike-sharing applications and learn more about them.

    Everyone knows that Europe is virtually the king when it comes to cycling infrastructure these days. Hence, it’s only natural to think that all of the top bike share programs are also in Europe.

    Although many of them are. However, the rest of the world has decided to step up its cycling game in recent decades as well.

    The world’s best bike-share systems are listed below, organized by city. If you were expecting Europe to dominate this ranking, the number one spot could surprise you.

    1. Hangzhou, China

    With a population of around seven million people, Hangzhou has the world’s largest bike sharing apps program. In fact, no other bike-sharing on the planet compares to their huge numbers. Let’s make a count. Between 66,500 and 78,000 bicycles are available through their program. Spread over at 2,700 stations.

    There are so many city bikes that you can’t go five minutes without seeing one in the city’s downtown area. But it gets better: the program has been so successful that the Hangzhou Public Transportation Corporation has received funding to expand. The amount invested is around 18.5 million British pounds.

    The company expects to have 175,000 bikes in operation by 2020 as a result of the investment. Given that the program only began in 2008. I’d say that’s a quite huge development.

    Despite the program’s massive success, it has been the topic of some controversy. In 2010, an app was developed that told users how many bikes were available at each station.

    However, the personnel at Hangzhou Public Bicycle were not impressed, despite the fact that it was praised by users as a true lifesaver. They claimed the data was stolen illegally by the developers. Therefore, they barred Zhang Guangyu, the program’s developer, from accessing the information in 2012. Effectively rendering the software useless.

    2. Taiyuan, China

    Europe may be the forerunner in terms of bike infrastructure, but in terms of actual volume and availability, it falls short.

    China is in the lead. I know it’s not really fair, given that China’s population is almost double that of Europe, but Taiyuan is worth mentioning as the current runner-up to Hangzhou.

    The fact that Taiyuan’s bike share has grown so much in such a short period of time is one of the reasons it deserves to be on our list. In fact, it’s grown so quickly that no one knows how many bikes are in circulation, with estimates ranging from 20,000 to 41,000 bikes and roughly 1,000 stations. And it’s still expanding.

    It’s also easy to see why: the bikes are simple to use and are cheap. In fact, it’s free as long as you ride for less than an hour.

    3. The city of Paris, France

    When people refer to it as the city of love, I don’t believe they mean love of bicycles. However, because of their fantastic bike share scheme, Paris is ranked third on this list. It’s hardly surprising that Paris is ranked so high. France is one of the main hubs of the international cycling community and a key figure in the sport’s history.

    Vélib‘, the bike-sharing program, is the largest bike-sharing program outside of China, with over 20,000 bikes and over 1,200 stations in its fleet.

    Bertrand Delano, the mayor of Paris from 2001 to 2014, was a driving force behind the establishment of the bike-sharing system, which debuted in July 2007.

    The project has been a huge success and has set a great example for the rest of the world. Its daily ridership peaked in 2011 at 86,000 people, and it has only increased since then.

    When other cities try to market the idea of a bike-share system in their city, they frequently refer to Vélib’.

    However, Vélib’ is not without faults. Theft and damage are widespread problems. Many bikes are thrown out, stripped for parts, or left in a state of ruin. Many of the bikes are stolen and sold overseas, with some finding up in countries as far away as Romania. The expenses of theft and vandalism were actually far higher than expected.

    In its first three years of operation, the project was a financial loss.

    Despite this, the program has stabilized and is now regarded as a major success. Delano himself considers it one of his greatest achievements in his political career.

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    Aditi Gupta

    A writer and a photography enthusiast, with a zest for reading and traveling. Wants to bring change to the world, and when not editing, she spends her time on the guitar.

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