Comment 116436

By mdrejhon (registered) - website | Posted February 06, 2016 at 18:56:23 in reply to Comment 116394

Smartbike systems such as SoBi has been breaking even better than Bike Share Toronto. SoBi Hamilton has already mentioned they are able to break even in terms of operational costs, preventing the need for tax input (except for expansions).

SoBi type systems require less than 2 rides/bike to break even, while BIXI type systems require closer to 4.

This is due to many factors, including the fact that the dockless system, elimination of full-dock inconveniences, and crowd-sourced bike rebalancing (rewards for returning to docks), all combined, reduces the need for staffed bike rebalancing rolls. This dramatically reduces the cost of a smartbike system such as SoBi.

The most expensive docks, obviously, are the ones on the escarpment as people tend to only prefer to ride downhill. I'd not be surprised if the escarpment docks were one of the lion's share of bike rebalancing costs, and I'd not be surprised if that's also partially why they remove those docks during the winter.

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