CyclePort is a tech start up with global applications in smart, micro transport systems. Any bike fitted with CyclePort’s universal connector can dock in our proprietary ports. Ports instantly lock all bikes; detect and charge electric bikes; and facilitate bike rental or sharing with smart control. High density parking stations are created by connecting ports in series. Stations connect wirelessl
y to form automated, intelligent parking networks, remotely controlled and potentially solar powered. CyclePort addresses several emerging markets:
1. Universal bike sharing:
CyclePort promotes the sharing of all bikes - private and public, push and electric - in an open market, so it will be a key player in the emerging peer-to-peer economy, like Uber for cars and Air BnB for accommodation. The value of the global bike share market is projected at US$6 billion by 2020.
2. Smart bike parking:
In contrast to 'dumb' bike racks, Cycleports talk to bikes: reading their unique IDs; instantly locking them; extracting data from on board sensors; and charging on board batteries to the correct voltage.
3. Green vehicle fleets:
Switching from expensive fleet cars to an intelligent, automated fleet of pushbikes and electric bikes saves up to $10,000 per vehicle per year, cuts greenhouse emissions and improves the health of users.
4. Intelligent transport integration:
With CyclePort, bikes can be carried on public transport and integrated into smart journey planning and ticketing systems. The Intelligent Transport Systems market will be worth US$34 billon by 2020.
5. Cycle tourism:
CyclePort’s automated bike rental stations can operate all hours and anywhere, e.g. at tourist attractions, visitor information centres, transport nodes, nature parks and hotels.
6. Electric bike charging:
E-bikes are the fastest growing transport mode in the world: 30 million e-bikes were sold last year in China alone, and by 2023, every third bike sold in Europe will be an e-bike. But before CyclePort, no universal public charging system existed to cater for this growth.
