[madewulf]

From what I saw while trying to ride these bikes, I would bet that each bike costs less than 80$ to manufacture. They are very low quality, with no gears. It might be even lower than that. My guess is that the electronic is the most expensive part.

[lostlogin]

Hop a curb (cleanly) and bits fall off too. I’m pretty sure that some of these services make good money from fines too, for things like innappropriate parking. It’s sometimes hard to park them within the correct zones as the GPS coordinates it says you left the bike at are not accurate, leading to penalties.