The European bike sharing market is expected to double from 151,302 units in 2016 to 341,250 units by 2025, according to new forecasts from innovation & growth strategy partnership Frost & Sullivan.
As densely populated urban centres all over the world grapple with issues of rising fuel consumption and carbon emissions, green mobility solutions such as public bike sharing service (BSS) are becoming more prominent, say the partnership.
Growing congestion, volatile fuel costs and high...
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