Is peak car headed for Seneca’s cliff?

Two hundred people per second now climb onto a dockless bike somewhere in China; the blue dots (above) denote transactions in Shanghai. Considering that dockless bike sharing platforms were only launched two years ago, in 2015, this growth rate is remarkable. The biggest company, Mobike, already operates more than seven million bikes across over 160 cities globally – and a merger with its biggest rival, Ofo, is in the offing.

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Is peak car headed for Seneca’s cliff?

Two hundred people per second now climb onto a dockless bike somewhere in China; the blue dots (above) denote transactions in Shanghai. Considering that dockless bike sharing platforms were only launched two years ago, in 2015, this growth rate is remarkable. The biggest company, Mobike, already operates more than seven million bikes across over 160 cities globally – and a merger with its biggest rival, Ofo, is in the offing.

Solution News Source

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