I expect the bike sharing operators to cease their business within a year or two. They are not likely to get enough revenue to sustain their operating cost. The govt is not helping to make the business viable by charging them a fee for each bike.
Most passengers will not pay $1 or more for a ride, when they can get a feeder bus at a much lower cost, due to the integrated fare structure.
It is useful for shared bikes to be provided by the govt as part of an integrated system. The govt should pay for the bike and also provide the parking space.
The user should pay a modest fare, say $0.20 per ride of up to 1/2 hour. Better, this can be provided free.
The govt can tender to a private company to manage the operations, in return for a monthly fee per bicycle. This will include retrieving the bicycles, repairing them and keeping them from being stolen.
Users have to pay a fine for not returning the shared bike to the approved locations or for causing the bike to be missing. It can be tracked by technology.
The number of bikes needed for each district can be determined by analyzing the data of usage.
Tan Kin Lian
Most passengers will not pay $1 or more for a ride, when they can get a feeder bus at a much lower cost, due to the integrated fare structure.
It is useful for shared bikes to be provided by the govt as part of an integrated system. The govt should pay for the bike and also provide the parking space.
The user should pay a modest fare, say $0.20 per ride of up to 1/2 hour. Better, this can be provided free.
The govt can tender to a private company to manage the operations, in return for a monthly fee per bicycle. This will include retrieving the bicycles, repairing them and keeping them from being stolen.
Users have to pay a fine for not returning the shared bike to the approved locations or for causing the bike to be missing. It can be tracked by technology.
The number of bikes needed for each district can be determined by analyzing the data of usage.
Tan Kin Lian
No comments:
Post a Comment