Lime launches 4Gen e-bike and now offers non-US bodily injury and liability insurance

Lime has launched its Gen4 electric bike, officially launched in Washington DC for the first time in the United States. Meanwhile, it has quietly launched free insurance for its cyclists through Allianz for cyclists in EMEA and Asia-Pacific. Riders are covered free of charge in the Lime or Jump vehicle when the rider is responsible for property damage and personal injury. Riders in the UK are covered up to £45,295 in the event of permanent disability or death with a maximum of £1,811,800 property damage/liability. Countries covered are UK, France, Germany, Belgium, Denmark, Hungary, Israel, Italy, Portugal, Austria, Spain, Poland, Romania, Korea South, the Czech Republic, Finland, Greece, Bulgaria, Norway, Sweden and Switzerland. The website notes that insurance will soon be available in Australia, New Zealand and the United Arab Emirates. Meanwhile, those who ride lime bikes or electric scooters in America don’t have insurance unless they carry it on their

The new green and white e-bike features significant upgrades that immediately make it one of the best shared e-bikes available in the world. The most significant advancement is the swappable and interchangeable battery, which is shared with Lime’s Gen4 electric scooters. Lime expects this to significantly improve the efficiency and sustainability of our operations, while improving vehicle availability for passengers.

The Gen4 e-bikes first officially launched in Washington DC this week, following small-scale pilots in multiple cities in 2021, and will arrive in more cities around the world this spring, including Atlanta and Charleston.

“The launch of our Gen4 e-bike is an important step towards achieving our mission to build a future where transportation is shared, affordable and carbon-free,” said Wayne Ting, CEO of Lime. “Standardizing our mode-to-mode interchangeable batteries is a step forward for Lime and the broader micromobility industry, making operations more efficient and sustainable, while improving reliability for riders. “

With a standardized interchangeable battery between vehicle types, Lime operations teams are able to simply replace dead batteries on any e-bike or e-scooter, reducing van trips and saving energy otherwise needed for the transportation of heavy vehicles. The interchangeable battery also improves vehicle availability for drivers and reduces the number of uncharged and unusable vehicles on sidewalks.

As Lime scales swappable batteries and Gen4 vehicles globally, the company expects lower operating costs, fewer miles driven from our operating vans and greater reductions in emissions of carbon from our service.

Additional e-bike enhancements include:

  • Increased engine power to help riders easily climb hills;
  • A phone holder, allowing riders to easily navigate and follow directions without having to stop and look at their phone;
  • A new handlebar screen mirroring that of Lime scooters for a standardized display on all types of vehicles;
  • A two-speed automatic transmission that eliminates previous-generation gears for easier acceleration and a smoother ride;
  • A modular design, extending useful life to five years.

Last year, Lime announced a $50 million investment in the Gen4 e-bike, supporting the launch and scale of new hardware. Lime expanded its e-bike service to 50 cities around the world using existing e-bikes last year. Over time, Lime plans to upgrade e-bikes in these cities to Gen4, in addition to expanding to new cities in 2022.

“In 2021, we saw massive jumps in the use of Lime e-bikes in cities, helping to fuel a welcome global e-bike boom,” Wayne said. “We’re excited for city dwellers around the world to try the Gen4 as a great way to leave the car behind.”

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