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24 Oct 2024

Peloton Interactive has strategically launched a rental programme, broadening its market appeal. Traditionally, Peloton’s offerings have been positioned as premium, high-investment...

22 Oct 2024

UK cycling manufacturer Whyte Bikes has announced the closure of its three cycling experience hubs following a major shift in the company’s strategy, which includes supporting independent...

15 Oct 2024

The ACT is launching a campaign to ensure fair and accurate reporting of e-bike-related news while promoting the positive aspects of e-bike usage.

11 Oct 2024

ACT parent company Bira has responded to the BRC-KPMG Retail Sales Monitor for September 2024

10 Oct 2024

Cycle to Work scheme provider Gogeta has reported a significant increase in the number of employers signing up to its scheme.

9 Oct 2024

A UK cycling charity focused on recycling unused bikes and providing them to disadvantaged people has set up a fundraiser to help tackle significant increases in its costs.

9 Oct 2024

Long-standing independent bike shop Cyclesense has revealed a complete rebrand as it seeks to reflect its evolution from a local shop to a nationally recognised cycling retailer.

3 Oct 2024

The Federation of Small Businesses has launched a new initiative, which it says aims to transform high streets across the UK, by advancing economic, social, and cultural benefits, while also...

3 Oct 2024

3 in 4 Britons (77%) would ban paper receipts if they knew how many trees were cut down to generate them – and millennials are the most eco-conscious (rising to 87%).

25 Sep 2024

Major media outlets, including the BBC and Sky News, as well as regional and cycling-focused media to the growing  have been giving significant coverage to E-Bike Positive, the largest-ever...

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UK electric bike share hits new record

Posted on in Business News , Cycles News

A record number of daily trips were taken on shared bikes in the UK last year, with more people using e-bikes instead of conventional pedal cycles for the first time.

Santander ebikes

A new report by shared-transport charity Collaborative Mobility UK (CoMoUK) shows that bike-share schemes recorded close to 25 million hires between September 2022 and September 2023, an average of 67,565 rides per day.

This was up from the 54,285 rides per day recorded in 2022, an increase of 24 percent, with the number of locations of schemes across the UK also growing from 43 to 48.

“Our research clearly demonstrates the hugely positive impact that bike-sharing schemes have, both for the people who use them and for society as a whole,” said Richard Dilks, Chief Executive of CoMoUK.

“By offering easy and affordable access to cycling, such schemes improve people’s physical and mental health, cut the number of cars on the road and reduce carbon emissions.

“The rise of the e-bike, which has now overtaken the pedal cycle in terms of hires, is pushing the popularity of bike sharing to new highs and there is no sign of this trend slowing down.”

For the first time, the number of e-bikes available through sharing schemes has overtaken conventional pedal bikes, with more than 25,000 on the road by the end of September 2023.

This is more than double the 12,000 available only a year previously, with 59 percent of all bike-share hires now being made on e-bikes, up from 45 percent.

A total of 14,548,660 e-bike hires were reported in the period covered by the report, a huge increase on the six million undertaken in the previous year.

The most popular reason for renting an e-bike or e-cargo bike was to cut journey times, with 53 percent giving this answer. Just under half (46 percent) said they chose an e-bike to avoid fatigue or getting sweaty, while 40 percent wanted one so they could cycle up hills.

The annual report, which surveyed more than 1,100 active users, also discusses how bike-share schemes impact people’s physical and mental health.

A majority (80 percent) said using shared bikes boosted their mental health, with 89 percent also agreeing that it provided them with exercise.

A further 57 percent said they were saving money by using bike-share schemes, while 85 percent said it removed the worry of their own bike being stolen.

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