Lyft has chosen not to reduce the speed of its electric Citi Bikes to meet Mayor Adams's proposed 15 mph speed limit, instead opting to provide speedometers for riders. The company previously lowered the speed to 18 mph in negotiations with the city, but found the new limit confusing. E-bikes now account for 70% of Citi Bike rides, significantly impacting Lyft's business model. Some riders believe that faster e-bikes are safer, suggesting improved infrastructure is more effective for safety than speed regulations.
I just think the faster bikes are actually safer. If you know how to ride a bike, if you have a quicker bike, you're going to be able to maneuver in and out.
E-bikes account for 70 percent of Citi Bike rides, and rides on the electric bikes are significantly more expensive than rides on non-electric counterparts.
If this policy goes into effect, Citi Bike will deploy a speedometer on our e-bikes so riders have the information they need to comply with the new rule.
The expansion of the bike-share system's electrified fleet has been accompanied by explosive growth in Citi Bike usage more generally.
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