Transport for London (TfL) is stepping up efforts to regulate e-bikes, encumbered by a lack of legislative power. Lime's CEO, Wayne Ting, has announced a £20 million London Action Plan focused on improving bike parking and reducing overcrowding, influenced by community feedback. The plan includes a £5 million investment for 2,500 new e-bike spaces, an expanding operational team, and the implementation of AI for monitoring parking. This initiative responds to TfL's push for responsible bike deployment and emphasizes Lime's commitment to enhancing the rental experience for users.
"We recognise the need for meaningful investments to accelerate change and improve parking, starting with more funding for dedicated e-bike parking, and additional operational capacity and processes."
The new policy sets out that TfL will consider taking action against operators who allow their bikes to be parked outside of designated places on red routes...
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