Overview

• Bolt will roll out its e-bikes in August, integrating the service into its existing ride-hailing app to rival Lime’s dominance
• The distance-based pricing model is designed to discourage speeding by removing incentives to rush against the clock
• AI-powered geofencing and a mandatory rider onboarding process will steer users to approved parking bays and impose fines and star-rating penalties for failures
• Transport for London has stepped up enforcement under new dockless rules, issuing more than 330 fixed-penalty notices to Lime and Forest for abandoned bikes
• Bolt anticipates the new offering will give Londoners a greener travel choice and help cut car journeys, congestion and emissions