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    Economy

    Ofo bike supplier 'not affected' by cities' bans on new shared bicycles

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    2017-09-08 09:40Global Times Editor: Li Yan ECNS App Download

    Domestic bike manufacturer Flying Pigeon, which makes bicycles for renowned online bicycle-sharing company ofo, told the Global Times on Thursday that its production plans have not been affected by moves by several local governments to ban new shared bikes on the streets.

    "We are currently making the high-end product line of a customized ofo bike, and we have not yet changed our manufacturing target of 5 to 6 million as the total bike output," Flying Pigeon told the Global Times.

    The company commented after the Beijing Municipal Commission of Transport on Thursday banned bicycle-sharing companies from putting any new cycles on the streets.

    Ofo said that it will strictly adhere to the rule, according to a statement it sent to the Global Times on Thursday.

    The company said that it will add nearly 100 vehicles to its dispatching system in Beijing to keep its shared bikes in order.

    Another bicycle-sharing company, Mobike, noted that it will give full support to the regulation, the company said in a note it sent to the Global Times on Thursday.

    Other cities such as Shanghai and Shenzhen have already ordered an end to further expansion of the companies' shared-bicycle fleets.

    There are about 15 million shared bikes on China's streets, said a report of thepaper.cn in August.

      

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