"Citi Bike, New York City's bike-sharing program, is increasing its rates once again at the start of the new year, its parent company, Lyft, announced on Monday. The company announced that its prices are shooting up for both members and non-members alike beginning Jan. 5. It has raised its rates for the program, which is not publicly funded, several times over the past couple of years, including a hike as recently as this year."
"Starting Jan. 28, an annual Citi Bike membership will cost an additional $20 going up from $219 to $239. Those who receive subsidized memberships through their employers will now pay $191 annually, a 20% discount. Beginning on Jan. 5, Members will also start paying 27 cents per minute in e-bike fees and classic bike overage fees, up from the current price of 25 cents. It will now cost members $8.01 to take a 30-minute e-bike ride."
Citi Bike is increasing membership and per-minute ride fees in early January and late January 2025. Annual individual membership rises $20 from $219 to $239 beginning Jan. 28, while employer-subsidized memberships will cost $191 annually. Beginning Jan. 5, member e-bike and classic-bike overage fees increase from $0.25 to $0.27 per minute, making a 30-minute e-bike ride cost $8.01. Riders on under-45-minute e-bike trips entering or exiting Manhattan face a $5.40 cap. Reduced-fare annual memberships remain $60. Lyft cites program expansion, a tripling of service area and fleet since 2019, lack of taxpayer subsidies, and tariffs as reasons for the increases.
Read at www.amny.com
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