Buzzbike subscription take-up surges during Covid-19 crisis
Bike subscription platform Buzzbike has seen a 440% year-on-year increase in customers taking out subscriptions since the start of the coronavirus crisis.
The company said the majority of subscriptions have come from people who are new to cycling.
The news follows the government’s announcement of a £2 billion package to encourage more people to cycle in a bid to reduce the spread of Covid-19 on public transportation.
Launched in 2016, Buzzbike’s subscription costs £29.99 per month for a bike to keep in the hirer’s home or office.
Tom Hares, chief executive and co-founder of Buzzbike, said: “It’s been our busiest period since we launched back in 2016, and it’s fantastic to see such a surge in interest in cycling. It’s obvious that commuter habits are changing due to Covid-19, but we have found that Londoners are also turning to cycling for their overall mental and physical health.”
