Photo: Lime uk
Lime pledges £20 million for London e-bike parking plan
05 February 2025
by Christopher Carey
Micromobility provider Lime has announced a £20 million (US$25 million) ‘London Action Plan’ to help improve e-bike parking and safety across the UK capital.
Under its five-point action plan Lime will support the installation of 2,500 dedicated parking spaces with a 60 percent increase in its on-street patrols to ensure compliance.
The company reports that e-bike hire has increased at a rate that exceeds the number of parking spaces available in London’s boroughs, leading to overcrowded parking areas and poorly parked e-bikes.
“The feedback we’ve received from London residents, community groups and elected officials is why we’re launching our London Action Plan,” said Wayne Ting, CEO, Lime.
“We recognise the need for meaningful investments to accelerate change and improve parking, starting with more funding for dedicated e-bike parking, and additional operational capacity and processes. This £20 million plan brings together crucial changes across our business that will help improve our service so that all Londoners can get around the city easily, and safely.”
Research from the firm shows that almost half (49 percent) of Londoners aged 18-34 rent an e-bike at least once a week, and total Lime e-bike trips taken in the city increased by 85 percent last year.
More than 16 million Lime journeys were taken by Londoners during commuting hours in 2024, and four million people have ridden a Lime bike or scooter in London since it launched in 2018.
Parking patrols
Lime has hired over 100 new on-street staff, bringing its total ‘patrol team’ to over 400.
The firm aims to increase its parking patrol presence at hotspots in the busiest boroughs at peak times, and is also making updates to its tech including an improved AI end-trip photo review to block poorly parked e-bikes in real-time.
This spring, the operator plans to increase its investment in rider education to deter illegal behaviour, with £250,000 of funding being used to promote access to cycling for more Londoners through the Share the Joy scheme.
Image: Lime
