Lime bike profits double as rider numbers surge in England

Love them or hate them, Lime ebikes are an increasingly common sight on England’s roads with new figures showing annual profits more than doubling thanks to a surge in riders.

Lime’s average number of monthly users jumped 31% to approaching 700,000 as it added more than 4,500 ebikes and scooters to its fleet, taking the total to almost 38,000, the company’s UK arm said in accounts filed at Companies House.