Lime funds 600 e-bike parking bays across London
Nine London boroughs receive nearly £900,000 to create designated parking areas for shared electric bikes.
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Lime, the e-bike rental company, has allocated nearly £900,000 to nine London boroughs to support the development of designated parking spaces for its electric bikes. The initiative is expected to result in approximately 600 new parking bays across the capital.
This funding comes in response to ongoing complaints regarding shared e-bikes being left on pavements and obstructing streets. The Mayor of London has previously spoken of plans to address what he described as a “Wild West approach” to e-bikes in the city. In one instance, a blind man was reportedly forced into a busy road due to poorly parked e-bikes, leading Lime to withdraw its bikes from a specific borough.
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Further funding available
The funding is being distributed through Lime’s London Parking Fund. In addition to the initial grants, Lime has announced a further £1 million is available to London boroughs. Applications for this next round of funding are open until 22 October, allowing boroughs to apply for financial support to implement local schemes aimed at improving e-bike parking.
Research commissioned by Lime highlights a demand for better parking infrastructure. A survey of 1,000 Londoners revealed that 21% would be more inclined to use shared e-bikes if safer parking options were available at their destinations. Furthermore, 65% of respondents expressed support for, or openness to, more e-bike parking bays in their neighbourhoods, a figure that rises to 85% among 18 to 34 year olds.
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Cycling in London has seen a significant increase, with Transport for London data showing around 1.5 million cycling journeys are undertaken daily. One in ten of these journeys are made on a shared e-bike, indicating a growing reliance on these services.
Our partner boroughs are leading the way by putting the right infrastructure in place to make sure shared e-bikes work for all road users. We’re proud to be playing our part through Lime’s £5m London Parking Fund, and it’s hugely encouraging to see how strong the uptake for this funding has been from councils.
Alice Pleasant, Lime's Deputy Regional Head of Government Relations
Alice Pleasant, Lime's Deputy Regional Head of Government Relations, stated that the company is working with borough partners to manage increased parking demand. She added that designated parking areas encourage usage and contribute to more organised streets, giving more people confidence to cycle and supporting the city's transport and environmental objectives.
Questions this report answers
+How much funding has Lime provided for e-bike parking bays?
Lime has awarded nearly £900,000 to nine London boroughs to help create around 600 new e-bike parking bays. An additional £1 million is available through Lime's London Parking Fund, with applications open until 22 October.
+Why is Lime funding these parking bays?
The funding aims to address complaints about shared e-bikes being parked haphazardly on pavements and streets. Research indicates that 21% of Londoners would use shared e-bikes more if safer parking was available, and 65% support more parking bays.
+How many cycling journeys are made in London daily?
Transport for London data shows that approximately 1.5 million cycling journeys are made each day in London. Of these, one in ten are completed using a shared e-bike, highlighting the growing popularity of these services.
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