JCDecaux: wins Luxembourg cycle contract

(CercleFinance.com) - JCDecaux announced winning a call to tender for self-service electric bicycles in Luxembourg.

The contract will last 10 years (116,000 inhabitants, 180,000 border inhabitants, with 60% of the country's 590,000 population going at least once a week to the capital).

JCDecaux, which already operates Véloh', the current self-service bike system, will replace the 800 bikes distributed by e-bikes in 80 stations sometime in 2018.

This new innovative service will be financed by subscriptions and by the city, which will offer a subscription at a very reasonable price of 18 euros, against 15 euros currently.


Copyright (c) 2018 CercleFinance.com. All rights reserved.