|The Forever brand bicycle and rental stand used in the program. Click to enlarge.|
If the limited trial is successful, Shanghai Metro will expand the program to 800 stands outside metro station exits and on 2,700 other sites in business and residential areas by 2012.
Riders pay a 200 yuan (US$29) deposit and one to three yuan (US$0.15 to US$0.44) per hour on a progressive rate scale designed to encourage short rentals and quick turnover. The first half hour is free.
The Shanghai Forever Bicycle Company, provider of the rental bikes, is one of Shanghai’s oldest bicycle brands.