A US-owned electric scooter and bike-sharing company reports a sharp rise in ridership and revenue in the UK, with monthly users climbing by nearly a third to nearly 700,000. The company expanded its fleet by over 4,500 vehicles, bringing the total to nearly 38,000, while annual profits more than doubled. The growth reflects increasing adoption of shared e-mobility options across England’s roads. Full financial details and fleet expansion plans are outlined in newly filed accounts.


US-owned firm says average monthly users at its UK arm surged to 700,000 with sales up by a thirdLove them or hate them, Lime ebikes are an increasingly common sight on England’s roads with new figures showing annual profits more than doubling thanks to a surge in riders.Lime’s average number of monthly users jumped 31% to approaching 700,000 as it added more than 4,500 ebikes and scooters to its fleet, taking the total to almost 38,000, the company’s UK arm, Lime Technologies, said in accounts filed at Companies House. Continue reading...