While dockless bike share is experiencing growing pains or worse in other cities, records show that DoBi providers LimeBike and Pace are doing decently.
The company says that Chicago’s policy of capping wheel-lock-only bikes at 50 per company while allowing up to 350 lock-to cycles “picks winners and losers.”
City officials and transportation advocates are moving to limit the potential downside of the powered two-wheel vehicles, documents show.
Lyft is buying Motivate, the private company which operates Chicago’s bike-share system, according to a report.
You don’t need to find a dock to rent these bikes, which you find and rent using an app.
Dockless bike-share companies that met with the city recently fear LimeBike, whose board includes Rahm’s former top adviser, could have a leg up.
The latest development in the shared-mobility boom may soon arrive in Chicago, sparking concerns about street clutter, equity, and Divvy disruption.