Lyft Hikes Citi Bike E-Bike Fees for Second Time This Year - Streetsblog New York City
Briefly

from Streetsblog2 months ago
Citi Bike e-bike rides for annual members are increasing by 20% to 24 cents per minute. In and out of Manhattan, ride costs are rising to $4.80 from $4.36, reflecting the rising costs of insurance, vehicles, and battery swapping.
Streetsbloghttps://nyc.streetsblog.org/2024/07/03/lyft-raising-citi-bike-e-bike-per-minute-fee-and-cap-on-price-of-rides-into-and-out-of-manhattan
Lyft attributed the price hike to insurance, vehicles, and battery swapping costs, which exceeded the yearly budget. E-bike rides now constitute two-thirds of total rides, escalating from 46% last year.
Streetsbloghttps://nyc.streetsblog.org/2024/07/03/lyft-raising-citi-bike-e-bike-per-minute-fee-and-cap-on-price-of-rides-into-and-out-of-manhattan
Read at Streetsblog
#citi-bike #lyft #e-bike #price-hike #new-york-city
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