If you can’t beat ’em….
Citi Bike is looking at ways to incorporate dockless sharing into its system so it can compete with and stave off a slew of competitors who are trying to muscle in to the five boroughs, company officials said on Tuesday.
The company is looking at how dockless bikes could work with the already existing system that features about 10,000 bikes that must be returned to stations. Currently, Citi Bike, which has a contract with the city, only has docks in Manhattan, some parts of Brooklyn, and a sliver of Queens. It has asked for public funds to expand to all boroughs, but so far, city officials have been reluctant to help out with the funding.
The pressure is on Citi Bike to move quickly since at least five bike share companies from around the world are sniffing around the Big Apple. One company, San Francisco-based Spin, tried to dump some of its dockless bikes in the Rockaways a few weeks ago, but pulled out when the de Blasio administration sent a cease and desist letter.
Citi Bike officials say they still don’t know how long it would take them to introduce dockless bikes.
City officials did not immediately return a request for comment.