Future Bicycle: Association: Bicycle Rental Market Still Has Great Potential for Development
Bicycles are rarely rented in Germany for limited periods of time or loaned for individual trips. An industry association wants to change this and also make delivery services safer.
The German bicycle rental market has room for improvement, according to industry association "Zukunft Fahrrad". As of early September, there were 102,550 bicycles available for rent through bike-sharing systems, a 1.5% increase from the previous year. Additionally, there were around 98,000 private bicycle subscriptions and up to 14,000 commercial contracts.
The association believes that the market could be expanded with tax incentives for bicycle subscriptions and bike-sharing, and stricter regulations on delivery services using illegal motorized bikes.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
