View Single Post
Old 03-25-21 | 08:50 PM
  #102  
Gresp15C's Avatar
Gresp15C
Senior Member
Sheldon Brown Memorial - Titanium
10 Anniversary
 
Joined: Sep 2014
Posts: 3,902
Likes: 680
Those piles of scrap bikes had nothing to do with the bikes. There was a massive investment bubble, that poured cash into bike share companies. The quickest way to spend the cash was to buy more new bikes and leave the old ones to pile up on the streets. For instance, that was easier than hiring and managing people to round up all of the bikes ever day, and recharge them. Local governments started removing the bikes to get rid of the nuisance.
Gresp15C is offline  
Reply