Citi Bike hiking prices for second time this year, citing high costs of e-bike fleet | amNewYork
Briefly

Fares for Citi Bike rides, particularly e-bikes, are set to increase due to the high costs of maintaining the popular e-bike fleet. Price changes include a jump from 20 to 24 cents per minute for members riding e-bikes, and from 30 to 36 cents per minute for non-members.
Lyft, the parent company of Citi Bike, has recently raised prices for the second time this year. In addition to per-minute fee increases, caps on members' e-bike rides to and from Manhattan will go up from $4 to $4.80. Despite the hikes, ridership remains high, suggesting that the service's popularity endures.
Read at www.amny.com
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