oBike Continues Growing Network into South Korea

oBike expands its services to South Korea. The bike-sharing operator signed a Memorandum of Understanding (MoU) with Suwon City at Suwon Hwaseong Gaenggung Palace Plaza.

oBike will be deploying more than 1000 bicycles in Suwon City to start, complementing South Korea’s eco-city. Suwon City is promoting bike-sharing as part of its wider commitment to the government’s Green New Deal plan. With support from the city government, both oBike and Suwon City will work closely to encourage the adoption of cycling as a complementary mode of transportation, and improve the cycling infrastructure in the city.

MoU signing ceremony in Suwon City, South Korea

“Suwon City eventually aims to expand its existing 350km-long bike route across the city, and reduce its greenhouse gas emissions by 40% by 2030, double the national target,” Suwon City mayor, Yeom Tae Young said. “We welcome oBike’s launch in Suwon City, and support their vision in making Suwon City more environmentally-conscious and lower our carbon footprint.”

“At oBike, we aim to help urban cities become car-lite and environmentally-conscious by providing an accessible first- and last-mile transportation. Even though subways and trains are available in cities like Suwon City, there are still areas which remain inaccessible,” Jin Chao Hui, oBike’s Chief Operating Officer said. “Our service has already launched in other cities, with 5,000 bikes available in various areas, and we are excited to now bring the same ease of mobility to Suwon City.”

oBike launched January this year in Singapore and has since entered 14 other countries, including Taiwan, Malaysia, Australia, Germany, Austria, Spain and Korea. Together, oBike users have collectively travelled a distance of 1000km and contributed to more than 20 million tons reduction in carbon dioxide emissions.

Users can download the oBike mobile app from either the Apple or Google Play Store, and register an account using their phone number or email. South Korea based users will be charged with a one-time refundable deposit of 29000 won. Rides are charged at a rate of 250 won per 15-minute block.

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