Lyft and Motivate intend to implement bike share systems across US

On-demand transportation company Lyft is to buy North America bike share company Motivate. Under the agreement, Lyft will acquire Motivate’s technology, corporate functions, including city contracts. Meanwhile, Lyft says it will invest in additional resources in technology to develop bike share in partnership with cities. According to a blog post on Lyft's website, the company plans to deliver dockless and pedal-assist electric bikes to riders around the country. Motivate's bike maintenance and s

July 16, 2018 Read time: 1 min

On-demand transportation company 8789 Lyft is to buy North America bike share company Motivate.

Under the agreement, Lyft will acquire Motivate’s technology, corporate functions, including city contracts. Meanwhile, Lyft says it will invest in additional resources in technology to develop bike share in partnership with cities.

According to a blog post on Lyft's website, the company plans to deliver dockless and pedal-assist electric bikes to riders around the country.

Motivate's bike maintenance and servicing operations will retain the company name and continue to support bikeshare systems.

Motivate partners with cities and local governments across the country and operates bikeshare systems in North America such as CitiBke, Ford GoBike, Divy, Blue Bikes, Capital Bikeshare, Biketown, CoGo and Nice Ride.

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Lyft

Ride-hailing firm Lyft highlights new bike-share service

Lyft, the ride-hailing firm which rivals Uber, has shown off the distinctive, pink-tyred bicycles which it is to use in its new bike-share programme. The company has completed its acquisition of US bike-share giant Motivate, which was announced in the summer, and will branch into two-wheel journeys soon. The company says this represents a “natural extension of Lyft’s vision to improve transportation access, sustainability and affordability”. Lyft says that 80% of all bike-share rides in the US were co

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