The public should expect fewer Lyft bikes and scooters as the company plans to downsize and restructure its bikes and scooters program.
The public should expect a change in Lyft 's bikes and scooters program as the company plans to downsize and restructure.The rideshare company made the announcement on Wednesday, saying they are "narrowing their product portfolio" to focus on what they call their best-in-class bikes and e-bikes, scooters, electrified docking stations, and software.For the Bay Area, no changes are being made to the Bay Wheels bike-sharing system.
""Bikes and scooters are core to our purpose and make our company stronger," Lyft said in a statement."Riders love our bikes and scooters and we've always expected this part of the business to continue to be a meaningful part of Lyft's offering now and into the future," a Lyft spokesperson told KTVU.The company shared that rides on their e-bikes are up 65% year to date compared to 2023.
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