Lyft announces it is restarting its NYC bike rental program after 10 months. Image via Yahoo News.
Business

Lyft restarts bike rental program in the New York City

San Francisco-based ridesharing company Lyft has restarted its electric bike rental program in New York City after a 10-month long hiatus, due to user complaints about injuries caused by widespread braking failures. Electric and non-electric bikes will be available at any of 900 Citi-Bike stations, with electric bikes costing 15 cents per minute, 10 for annual subscribers, and non-electric bikes costing a flat rate of 3 USD per 30-minute trip.

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Wed Feb 19 - Reuters

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