(Yicai Global) July 12 -- Mobike Technology, one of the world's biggest cycle sharers, has unveiled plans to recycle at least 100,000 of its used two-wheelers in Shanghai in compliance with government regulations.
The Beijing-based firm aims to reuse bicycle frames from old models as well as smart locks, solar panels, and wheel if they pass tests, local newspaper Xinmin Evening News reported. The move is in line with recent regulatory requirements that old bikes should be withdrawn before new ones can be introduced.
Mobike will replace the recycled bikes with 50,000 new lightweight versions, developed jointly with Dow Chemical. The 15.5-kilogram bicycles feature all-new low-resistance solid tires.
China will need to scrap at least 10 million shared-bikes by 2020 generating 160,000 tons of solid waste, estimates suggest. Mobike aims to take the lead in the sector, proposing full life-cycle environmental protection measures covering design, purchasing, production, operation, recycling, and regeneration.
After completing a small-scale pilot program in early April, Mobike launched bike replacement in May. All scrapped bicycles will be registered with a government information platform.
Editor: William Clegg