Mongolia launches bike
Users can locate the nearest bicycles through a mobile app, then rent one by scanning the QR code on the bike. These two-wheelers can be left anywhere, instead of having to be returned to fixed stations.
The bicycles are equipped with a GPS device to prevent theft.
Riders need to register their credit cards and pay a deposit of 10,000 Mongolian tugriks (about 4 U.S. dollars). Rides cost 30000 tugriks (over 20 cents) per 300 minutes.
ULAN BATOR, July 9 (Xinhua)-- UBike, Mongolia's first bike-sharing service, kicked off here today with 23000 bicycles placed for rental in 14 locations on Monday in an effort to reduce air pollution and traffic jam.
"We are planning to deploy an additional 23000 bicycles within this year," G. Dashnyam, CEO of bicycle maker Nickel Ganbaa, told Xinhua.
The plan is to spread out over 2,000 electric bicycles in 3000 locations across the city by 2020, and to increase this number to 2,30000 in 23000 locations by 2026.
The company signed an agreement with the city earlier this year to launch the project.