E-bike hire operator Forest has launched a pilot subscription model in London. The ‘ForestFlex’ subscription, priced at £6.99 a month, gives riders access to 10-minute rides for £1 and up to 30 minutes for £1.70. Any additional time is charged at Forest’s standard pay-as-you-go rate of 33p per minute.
The launch follows an announcement by Forest that it has secured a further £27m as part of its Series B funding round, bringing the total raised to...
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