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In November, Transport for London (TFL) announced new steps to regulate electronic bicycles, but the lack of legislation or power meant that most of the responsibility fell to electronic bicycle services to do the right thing. Now, the Lime CEO, Wayne Ting, has announced a London Action Plan of five points of £ 20 million ($ 24.8 million) to help with the overcrowding and poor parking lot, multiple publications Report, included UKTN.
"The comments we have received from London residents, community groups and elected officials is why we are launching our London Action Plan," Ting declared. "We recognize the need for significant investments to accelerate change and improve parking, starting with more parking funds dedicated to electronic bicycle and additional operational capacity and processes."
An investment of £ 5 million ($ 6.2 million) will be allocated to create 2,500 additional parking spaces with electronic bicycle. Part of the plan will also include the expansion of the Lime team on the street to 400 people and with the aim of moving or collecting around 4,000 bicycles daily. In addition, Lime intends to use an improved AI to confirm adequate parking in the photos of the end of the trip.
The Action Plan responds directly to the TFL statement at the end of last year. "The new policy establishes that TFL will consider measures against operators that allow their bicycles to be estimated outside the places designated on red routes and in TFL lands, which include areas such as station works and bus garages," The organization said. "The operators are ultimately responsible for ensuring that their bicycles are deployed and parked properly."
As someone who lives in London, I can attest that Lima bicycles are scattered throughout the city. Lime states that 49 percent of 18 to 34 years in London rent a weekly electronic bicycle. The company also states that 2024 saw an 85 percent increase in annual trips.
This article originally appeared in Engadget at https://www.engadget.com/transportation/lime-nounces-25-million-action-plan-to-help-fix-londons-e-bike-chaos-14159309.html?src = RSS
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