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5 Mar 2025

New research has revealed a recent uptick in UK consumer confidence, leading to increased hiring by businesses, with the retail sector responding positively to signs of economic resilience.

4 Mar 2025

The Office for Product Safety and Standards (OPSS) has issued a fresh warning about the dangers of UPP e-bike batteries, urging consumers to stop using them immediately.

28 Feb 2025

Independent cycling retailer and ACT member Velo Fit has become the first to stock a new brand of bikes focused on combining quality and affordability.

26 Feb 2025

ACT parent company Bira has cautiously welcomed Labour's Crime and Policing Bill but is calling for urgent action and immediate funding to address the surge in retail crime affecting independent...

19 Feb 2025

Electric cargo bike firm Zedify is set to enter administration following a failed search for new funding, after aiming to be active in 50 cities over the next few years.

18 Feb 2025

Halfords has upgraded its profit expectations for 2025 following a strong end to 2024, signalling a possible boost for the wider cycling retail sector after a difficult period.

17 Feb 2025

A £291m funding package from Active Travel England is set to be used for cycle lanes and improved junctions, while also supporting local businesses and making it easier to cycle to work,...

14 Feb 2025

The UK Government has removed anti-dumping tariffs on non-folding e-bikes imported from China in a move that has raised alarm within the UK’s cycling industry over potential market...

7 Feb 2025

ACT parent company Bira has warned that retailers across Britain face troubled times ahead despite today's Bank of England interest rate cut to 4.5%, as the Bank halves its growth forecast for...

4 Feb 2025

The ACT and legal partner WorkNest are hosting an exclusive webinar on how to remain compliant with employment law while making necessary business changes.

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UK electric bike share hits new record

Posted on in Business News , Cycles News

A record number of daily trips were taken on shared bikes in the UK last year, with more people using e-bikes instead of conventional pedal cycles for the first time.

Santander ebikes

A new report by shared-transport charity Collaborative Mobility UK (CoMoUK) shows that bike-share schemes recorded close to 25 million hires between September 2022 and September 2023, an average of 67,565 rides per day.

This was up from the 54,285 rides per day recorded in 2022, an increase of 24 percent, with the number of locations of schemes across the UK also growing from 43 to 48.

“Our research clearly demonstrates the hugely positive impact that bike-sharing schemes have, both for the people who use them and for society as a whole,” said Richard Dilks, Chief Executive of CoMoUK.

“By offering easy and affordable access to cycling, such schemes improve people’s physical and mental health, cut the number of cars on the road and reduce carbon emissions.

“The rise of the e-bike, which has now overtaken the pedal cycle in terms of hires, is pushing the popularity of bike sharing to new highs and there is no sign of this trend slowing down.”

For the first time, the number of e-bikes available through sharing schemes has overtaken conventional pedal bikes, with more than 25,000 on the road by the end of September 2023.

This is more than double the 12,000 available only a year previously, with 59 percent of all bike-share hires now being made on e-bikes, up from 45 percent.

A total of 14,548,660 e-bike hires were reported in the period covered by the report, a huge increase on the six million undertaken in the previous year.

The most popular reason for renting an e-bike or e-cargo bike was to cut journey times, with 53 percent giving this answer. Just under half (46 percent) said they chose an e-bike to avoid fatigue or getting sweaty, while 40 percent wanted one so they could cycle up hills.

The annual report, which surveyed more than 1,100 active users, also discusses how bike-share schemes impact people’s physical and mental health.

A majority (80 percent) said using shared bikes boosted their mental health, with 89 percent also agreeing that it provided them with exercise.

A further 57 percent said they were saving money by using bike-share schemes, while 85 percent said it removed the worry of their own bike being stolen.

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