Lime bikes: UK sales spike as expansion continues Transport and infrastructure Turnover at the UK arm of shared bikes provider Lime has spiked as its expansion across London continues, it has been revealed. Lime Technology has reported a turnover of £111.3m for 2024, according to new accounts filed with Companies House. The total is up significantly from the £63.5m it achieved in 2023. However, the latest [...]
The Debate: Lime – a friend or foe to Londoners? Opinion City AM's Debate column asks the hard questions. Today, are Lime bikes a friend or foe to Londoners. Hear what two impassioned commuters think.
Bolt vs Lime: Uber rival to launch e-bikes in London Transport and infrastructure Bolt has unveiled plans to introduce electric bikes in London this summer, challenging Lime’s near-monopoly in the capital. The Estonian ride-hailer, which is the largest e-scooter and bike provider in Europe, will launch its London service in August under close supervision from Transport for London (TfL) and local councils. The move makes Bolt the first [...]
Branson-backed bike sharing firm Beryl more than doubles losses April 24, 2025 Losses at Beryl, a bike sharing company backed by two of Sir Richard Branson’s children, have more than doubled despite an uptick in its turnover. In accounts filed almost four months late with Companies House, the business has posted a pre-tax loss of £7.5m for the 12 months to 31 March, 2024. That total compares [...]
Skarper: Sir Chris Hoy-backed start-up surges in value March 19, 2025 A start-up backed by Sir Chris Hoy surged in value by almost £2m ahead of securing a major funding boost, it has been revealed. Mobility technology company Skarper was founded in 2020 by Alastair Darwood and collaborates with Formula One team Oracle Red Bull Racing. The business patented a lightweight, portable drive system which connects [...]
City of London seizes dockless e-bikes in Lime and Forest crackdown February 10, 2025 The City of London Corporation has seized more than a hundred dockless e-bikes as part of a crackdown against operators’ Lime and Forest. The Square Mile’s local authority said it had confiscated bikes that were found to have obstructed or caused immediate danger to others, over a two-week enforcement period. The bikes were stored in [...]
London e-bike battle heats up as Forest strikes partnership to take on Lime December 12, 2024 Forest is looking to claw back market share from its larger London rival Lime, which is the only other e-bike operator in the capital.
Lime ‘ready’ for IPO, says boss November 3, 2024 A Lime initial public offering (IPO) would come despite scrutiny over the sturdiness of the micromobility sector's finances.
Square Mile to ramp up efforts against ‘menace’ of Lime and Forest bikes October 11, 2024 The City of London corporation is also lobbying for legislation, namely the introduction of a pan-London contract for micromobility operators.
Lime bikes not fit for purpose, says rival UK firm October 1, 2024 Lime has expanded rapidly in London in recent years and now runs the majority of the city's 30,000 rental bikes.