The Bike-Share Oversupply in China: Huge Piles of Abandoned and Broken Bicycles

Last year, bicycle sharing began in China, dozens of bicycle companies flooded rapidly in the streets of the city, millions of colorful bicycle taxis came out. However, the rapid growth greatly surpasses the current demand, overwhelming Chinese cities, China's urban infrastructure and regulations are not ready to respond to the sudden arrival of millions of shared bicycles. The rider puts the bicycle somewhere, or simply abandons the bicycle and piles up already crowded streets and aisles by bicycle and blocks it. As thousands of abandoned bicycles in the city were robbed, they quickly restrained growth and acted to regulate the industry. In many large cities, many detention, abandonment, and damaged bicycles are well known. Some companies that jump too early and jump too fast may start to collapse, so many remaining bicycles may collect dust in a large empty space. Bicycle sharing is still very popular in China and perhaps may continue to grow at a more sustainable rate. At the same time, we left these crazy speculative images - a mountain of remnants left after the bubble burst

China's bicycle sharing market showed the risk of oversupply in 2018. The company introduced millions of shared bicycles to the cities of the country using prior uncertain regulations. Users are not educated about how to properly use the system, and in most cases they can be parked anywhere, treating it as a one-time use. The municipal government was obliged to detain the waste bicycle when closing the public road and many people gathered in the waste storage area after the bankruptcy of the company that owns them.

Last year, bicycle sharing began in China, dozens of bicycle companies flooded rapidly in the streets of the city, millions of colorful bicycle taxis came out. However, the rapid growth greatly surpasses the current demand, overwhelming Chinese cities, China's urban infrastructure and regulations are not ready to respond to the sudden arrival of millions of shared bicycles. The rider puts the bicycle somewhere, or simply abandons the bicycle and piles up already crowded streets and aisles by bicycle and blocks it. As thousands of abandoned bicycles in the city were robbed, they quickly restrained growth and acted to regulate the industry. In many large cities, many detention, abandonment, and damaged bicycles are well known. A company that jumps too soon and jumps too soon has something that is beginning to collapse so that the rest of the bicycle can collect dust in a huge open space.

Mobike is not alone. Today, China's cities have over 16 million shared bicycles and more than 70 start-up companies gather in the town to compete in a prosperous market. These brands of bicycles have features such as GPS tracking and digital locking. This means that users can find their bicycle using their smartphone so that they do not have to use the familiar docking docks used in many urban planning. As a result, shared bikes really show up every corner - even pedestrians sometimes hurt