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The Global Bike-Share Boom: Dockless Models Look To Solve Urban Commutes & Transit Access
Since their introduction in 2015, dockless bike-sharing systems have moved from East to West as they sweep through urban transportation markets.
Bike-sharing systems have been around for a couple of decades. But in the past few years, they’ve gained much more prominence as new tech-infused models began gaining traction in Asia.
Viable bike-sharing models first began to emerge in Europe through public-private partnerships in the late 20th Century. These bike-sharing systems improved upon the unmanageable systems of the late 20th century due to docking stations and software for tracking and managing bicycle fleets.
In 2015, a new bike-share model began rising in Asia, particularly China, driven by the confluence of several technologies. With the proliferation of consumer-ready mobile payments, IoT, and mature GPS technology, costs to build remote locking and tracking systems plummeted, allowing bike-share operators to build dockless systems.
Now dockless bike-sharing has become a notable example of a tech trend sweeping primarily from the East to Western markets.
