Beijing to place new cap on the deployment of bike rentals at 1.91 million

北京共享单车上限定为191万辆 – iResearch What happened: The Beijing Commission of Transport has announced new plans to keep the number of rental bikes in check. The new limit on rental bike deployments is capped at 1.91 million bikes. Beijing also plans to launch an online monitoring platform for bike-rental services later this year. Why it’s important: Last September, […]