MOBILITY
LYFT
MOBILITY
LYFT
Following successful rideshare operations , Lyft branched out into the bikeshare space , providing a shared micro-mobility solution to select cities in the US .
The solution plays into the hands of sustainability-conscious commuters as an effortless solution to transport in urban environments . The company ’ s rideshare service currently reaps high financial rewards , achieving revenue of US $ 1.05bn in Q3 of 2022 .
Lyft ’ s service is expected to launch in selected areas in the US , including Chicago , Columbus , Denver , Metro DC , Minneapolis , New York , Portland and the Bay Area .
instead . It is estimated that 25 % of all car trips are less than a mile , so this shows that e-bike riders are actually moving way more .
LF : There have been a number of studies focused on e-bike riders , and it ’ s been found that health outcomes actually increase ; they get healthier because e-bikes require a bit less energy .
I ’ ve seen studies that said you use 13 % less energy or you ’ re burning 30 % fewer calories , but it ’ s not like you ’ re burning zero calories , especially on a pedal-assisted e-bike . You ’ re still putting in that torque yourself while getting a boost from the bike .
The second thing is that , once people start riding , they love it and want to do more of it . That leads to a longer amount of cycle time . The third piece is that people are loving it so much that , rather than sitting sedentary in a car , they ’ re using an e-bike to replace car trips —‘ 70 % of car miles have been replaced ’ is a stat that I come back to often .
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