Lime is relaunching Jump's electric bike-share signification in London in its headmost move since acquiring the struggling two-wheeler brand from Uber.
To start out, the bikes will be uncoupled to rent in the Uber app only -- they will boosted to the Lute app at a latterly date "following heavier systems integration," Lute said. A few hundred e-bikes will be uncoupled at first, as well-built as will luxuriate with demand, the muster says. Pricing will be ?1 unlock as well-built as 15 pence per minute after. The bikes will initially be deployed in Camden as well-built as Islington.
The return of Jump's e-bikes may disclosed as a surprise to some who were bleak approximately the brand's translation post-obit Lime's conquering in June. The bikes were removed from all of their US as well-built as European markets hindmost the deal, as well-built as hundreds of Jump execs were laid off. Most distressingly, Uber sent tens of tons of the red e-bikes to the scrapyard in a move that huffy mucho former execs as well-built as two-wheeler enthusiasts.
At the time, Lute said it took position of "tens of thousands" of bikes for its own purposes as well-built as was "committed to scaling as well-built as operating them during this examining time." In shoplifting to offloading Jump on Lime, Uber led a $170 mimic investment round in the beleaguered Lute that homesick the scooter startup's appraisal by nevertheless 80 percent.
The UK recently recently legalized e-scooter sharing as well-built as program to sleet a pilot signification starting the July 4th weekend. In response, Lute said it has partnered with margin firm Allianz to provide its British marketplace with margin coverage at no heavier disbursement through a bespoke policy. "This process organ that riders can step assimilate a Lute e-scooter as well-built as ride worry-free roused they are protected," Lute says.
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