Custom made. Classic design (including magnesium alloy wheels). And a 72.5 percent market share. That’s part of the profile of Beijing-based Mobike bicycle sharing service, now rolling out hundreds of its bikes across Singapore. The startup company is looking toward overseas expansion, and is planning to triple its coverage to more than 100 cities globally before the end of 2017, as the big-city competition in the bike-sharing sector keeps expanding. The company currently operates in cities across mainland China.
An estimated 3 million public bikes operated by 29 different brands and service platforms have a presence across dozens of cities, according to statistics from a national industry association.
Mobike has been refining its basic bike with features like those magnesium wheels (helping to reduce weight by 3 kg to 23 kg), airless tires, an adjustable seat and disc brakes at the rear for greater rider control--all to provide its customers with a lighter, more comfortable ride.
"The bike is constantly getting cooler and lighter, to meet the growing needs of our users, of whom 80 percent are the post-'80s and '90s generation," said Xu Hongjun, general manager of Mobike's manufacturing base in Wuxi, Jiangsu province.
Mobike describes itself as “the world’s first cashless and station-free bike sharing platform (with) a unique patented bike design, GPS-equipped smart lock system and smartphone app.”
According to Xu, each fleet of bikes is custom-produced to suit the city and climate where it will be introduced. In Beijing, for example, the bikes use cold-resistant batteries, and tires with deeper tread for a better grip on icy winter roads.
Mobike founder Hu Weiwei says the company’s 30,000 square meter Wuxi (an industrial city in southern Jiangsu province, China) manufacturing base (and R&D center) can produce 14,000 units per day.
Find out more at http://mobike.com/global/
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