Provider of shared e-bikes and e-scooters Lime has announced a £20m five-point London Action Plan designed to help improve e-bike parking, encourage cycling safety and boost cycling rates across the capital in 2025.
Lime’s research shows that 49% of Londoners aged 18-34 say they hire a rental e-bike at least once a week, and total Lime e-bike journeys taken in London increased by 85% annually last year.
Meanwhile, more than 16 million Lime journeys were taken by Londoners during commuting hours in 2024, and 4 million people have ridden a Lime bike or scooter in London since it launched in 2018.
The new action plan seeks to boost these numbers by providing new parking infrastructure, with a £5m investment to create at least 2,500 more dedicated parking spaces.
Lime aims to build at least 1,500 of these additional spaces in the next 6 months.
Lime also hopes to use a portion of the new funds to contribute to the mayor of London’s 40,000 new bike parking locations set out in his manifesto.
Lime has also set up a dedicated Private Land Parking Task Force aimed at identifying additional parking spaces in partnership with private landowners, businesses and other organisations.
An additional £13.4m investment aims to take the on-street team up 60%, taking the team to over 400.
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The 400 strong on-street operations team will aim to collect or move 4000 bikes per day thanks to additional investments into a series of improved operational processes.
The action plan also outlines technology advancements to improve parking, including an improved AI end-trip photo review to block poor parking in real time.
Lime also stated that £500,000, split between a £250,000 safe riding campaign and a £250,000 commitment to improve access to cycling for more Londoners, will improve its riders safety.
London Cycling Campaign chief executive Tom Fyans said: “Lime bikes are changing the face of cycling in London, bringing joy to a huge and diverse audience new to cycling in London.
“But with that comes great responsibility, and LCC is pleased to see Lime taking the lead in improving its operations and ensuring this increase in people’s mobility is a win-win for all Londoners.
With this new investment, Lime is helping ensure new riders cycle and park more responsibly. We now need all councils and TfL to get behind this revolution in mobility and ensure more Londoners have the chance to enjoy the benefits.
“The increased investment in the Share the Joy fund will also give a massive boost to those working in London’s diverse communities to ensure more people experience the freedom and life-transforming power of cycling.”
Achievements and innovations in active travel will be recognised and celebrated at the fourth annual CiTTi Awards on 25 November 2025 at De Vere Grand Connaught Rooms in London. Visit www.cittiawards.co.uk to learn more about this unmissable event for the UK’s transportation sector!