The city of Paris, France is launching a city-wide public bicycle rental service, called Vélib.
Riders will rent and return bikes from and to public stations, which will be open 24x7, and spaced about 300 meters apart. The city is planning to launch 750 stations with some 10,000 bikes on 15 July—the day after Bastille Day.
Users can subscribe to Vélib for one year for €29 (US$39), buy a 5-day ticket for €5 (US$6.73), or a 1-day ticket for €1 (US$1.35). Rentals of 30 minutes or less are free.