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Bike City Magazine

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Free Wheeling Life

Electric Bikes take hit after LIME merges with JUMP

July 20, 2020 by Bike City

Category: Electric  -  

Uber is scrapped thousands of electric bikes and scooters worth millions of dollars after selling its Jump unit to mobility start-up Lime earlier this month.

The firm said it decided to “recycle” the older models that Lime didn’t want after concluding that it would be too complicated to give them away due to the maintenance and technical support that they need. 

Read More at CNBC.com

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