Originally Posted by
spinnaker
Someone's making a bundle. They are not worth that even with the GPS tracking.
If I had to guess, this price is probably for all the bikes plus the stands and the infrastructure and rental terminals and labor. Then someone will break it down and say we get X bikes for $Y total cost, meaning each bike costs us $Z. Doesn't mean the cost of that bike itself is $Z, just that when it is all said and done, that what the project is costing per bike.
Remember, all these stand have power and communications run to them. Many have terminals for credit card processing. All that adds up in a hurry, that is why many companies are trying to migrate to a dockless setup.