The bike share service U-bicycle, which features GPS tracked bicycles so members can park and retrieve anywhere, has moved its North American headquarters to Vancouver, and is at work on a multi-city expansion.
U-bicycle launched in B.C. in Victoria last October with 160 bicycles and have now added an additional 250 which will hit the streets in Victoria next month. The bikes come with GPS, 3 speeds, a carbon belt drive system and helmets.
Users simply unlock and lock the bikes using a smartphone app.
U-bicyle has ambitions of opening up in over 100 North American cities, with a fleet of 780,000 bikes. Vancouver will be their operational base and presumably among the first new city to have the service.
Sounds like a great idea!