Bike sharing is a fun, easy, environmentally friendly way to explore a new place.
Bike sharing is a win-win-win proposition in almost every city in which it is introduced.
Similarly, Orix will help develop car, scooter and bike sharing networks for the area.
Bike sharing is on the verge of becoming an integral part of public transportation in cities across the globe.
Still, the figures are likely evidence that bike sharing might not work everywhere.
Currently, there are nearly 300 organized bike sharing programs worldwide.
And for folks who still want some independence around town, at train stations, visitors can rent bikes or electric cars via bike sharing and car sharing services.
It also spawned a modern wave of bike-sharing, this time done more professionally: Worldwide, there are now 300 other bike-sharing programs modeled after the Parisian system.
FORBES: Bike-Sharing Grows Up: New Revenue Models Turn a Nice Idea into Good Business
Bike sharing has developed a number of critics who argue the program will reduce road safety, absorb parking spaces and mar the streetscape with ugly bike stations.
C. to Boston, bike sharing has become an increasingly popular way for people to travel around urban environments while decreasing vehicular congestion and doing something positive for the environment.
Ms. Sadik-Khan and other supporters of bike sharing hold out hope that direct experience with the new program will make customers of even those hostile to the coming of the CitiBike.
Local leaders like Isaac Abraham, a former member of Community Board 1, insist that keeping bike sharing at bay is a strictly nonsectarian preference, pointing to safety concerns instead of a cultural divide.
Last month, Rep. Eric Cantor, the House Majority Leader, came out against Federal backing for bike sharing, an already minor portion of the transportation budge but one that has helped several cities launch initiatives.
By selling ad space on the bikes themselves and on bike-sharing stations, bike-sharing providers (sometimes municipal transit authorities, sometimes private companies, sometimes a joint venture between the two) discovered they were able to cover their costs.
FORBES: Bike-Sharing Grows Up: New Revenue Models Turn a Nice Idea into Good Business
In countries such as France, Belgium, Switzerland, Britain and the Netherlands, chip-and-pin credit cards are often the only ones accepted at unmanned machines in subway stations, train stations, bike sharing kiosks, parking meters, gas stations, parking garages and other transportation terminals.
More than 400 kiosks holding 7, 000 blue CitiBikes will be part of the initial deployment for the launch of bike sharing in New York City next month, dotting Manhattan below 69th Street, a quadrant of Brooklyn and a bit of Long Island City, Queens.
So it has been big news that New York has finally announced the details of its own bike sharing program, which is slated to begin next summer, when approximately 600 stations around the city will provide riders with 10, 000 bikes to take them from station to station.
San Francisco and Chicago are expected to release requests for proposals from bike-sharing companies this year.
FORBES: Bike-Sharing Grows Up: New Revenue Models Turn a Nice Idea into Good Business
Officially launched in 2007, the Paris bike-sharing program today is nearing 50 million unique rides annually.
FORBES: Bike-Sharing Grows Up: New Revenue Models Turn a Nice Idea into Good Business
Portland announced its intention to move forward with a bike-sharing system last week.
FORBES: Bike-Sharing Grows Up: New Revenue Models Turn a Nice Idea into Good Business
Chicago is also planning one of the largest bike-sharing programmes in the country, with 3, 000 steeds.
Bike-sharing increases the number of trips by bicycle in a city and improves the cycle culture.
How successful bike-sharing is this summer will partly determine whether the next mayor expands, shrinks or scuttles the program.
One of more than 500 bike-sharing systems around the world, New York's is the biggest in the United States.
The company pioneered the bike-sharing system adopted in New York but had parted ways with its original software designer.
Fast-forward to the recent past and every green blog worth its solar-powered servers was celebrating the bike-sharing program in Paris.
FORBES: Bike-Sharing Grows Up: New Revenue Models Turn a Nice Idea into Good Business
Of course in India, as in Europe, bike-sharing will likely be subsidized.
FORBES: Bike-Sharing Grows Up: New Revenue Models Turn a Nice Idea into Good Business
The world's largest public bike-sharing system is in Hangzhou, China, where it's estimated there are 69, 500 bikes and close to 3, 000 docking stations.
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