Company plans rapid expansion of its stationless scheme across Seattle and the US
Spin has introduced a city-sanctioned bike-share fleet in Seattle.
The stationless bike-share company has distributed 500 of its orange-coloured, GPS-enabled, self-locking smart bikes across Seattle following the granting of a bike-share permit from the city.
“We could not be more thrilled to launch in Seattle,” said Derrick Ko, co-founder and CEO, Spin.
“Our policy team paved the way for the nation’s largest city-sanctioned stationless bike-share programme by leading industry discussions and working closely with officials every step of the way. Together, we brought bike-share back to Seattle residents with an affordable, equitable system that won’t cost the city a penny.”
Unlike traditional bike-share systems, Spin’s technology requires no fixed racks and allows bikes to be parked anywhere legal and responsible. Its fleet of GPS-equipped, orange-coloured smart-bikes can be unlocked by scanning a QR code, and can be dropped off anywhere, all at no cost to cities.
Spin is intending to scale up its Seattle operations over the next four months with the goal of ultimately deploying more than 10,000 bikes across the city’s neighbourhoods. Spin plans to hire a local team of up to 20 in marketing and operations to ensure high service standards during this expansion.
“Spin’s launch in Seattle is a breakthrough precedent and proves that North American cities are excited to work with stationless bike-share companies,” added Euwyn Poon, co-founder and president, Spin.
“The support we have received from Seattle residents has been overwhelming, and we have assembled a world-class team of business, policy, and engineering talent who believe strongly in our mission to continue our rapid expansion.”
Spin said it is planning launches in several major US cities this quarter, including San Francisco and New York.
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