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Apple iPhone manufacturer Foxconn set to produce bikes for cycling’s answer to Uber

Joseph Delves
25 Jan 2017

Teaming up with Mobike, Foxconn aims to make five million machines for China’s largest bike share programme

Foxconn, known as the manufacturer of Apple's iPhone, is diversifying its business with an investment in Mobike, the bike share scheme. 

Unlike most civic hire schemes where users are forced to return their bike to a docking station, a host of privately run programmes across China - including Mobike - now allow riders to use an app to find and rent a bike, but leave it curbside upon completing their journey.

While the idea may be news to many westerners there are already more than 10 bike-sharing companies competing in the chinese market.

Most rely on bikes featuring an inbuilt GPS device to allow the firms to track their assets, and direct users to their locations.

However, despite this many seem to be being going missing, with recent news stories focusing on the hosts of tangled and abandoned bicycles blocking streets in Shenzhen.

Yet despite this iPhone manufacturer Foxconn clearly believes that the new technology will eventually become profitable. They’ve joined Mobike as a strategic investor, and are due to set up production lines to produce around five million of the company’s distinctive silver and orange bicycles.

Mobike hope the deal will help them expand their presence in China as well as allowing them to expand into overseas markets.

Nonetheless, it might be a while before similar schemes appear outside of Asia. Recent attempts by similar operator Bluegogo to launch in the usually tech friendly city of San Francisco resulted in the threat of legal action by the authorities, who feared the bikes would prove a danger and an obstruction. 

Featured image: Mobike.com 

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