The Land Transport Authority (LTA) has given in-principle approval to two companies – Anywheel Pte Ltd and Moov Technology Pte Ltd – for licences to operate dockless bicycle-sharing services in public places.
2. A total of three bicycle-sharing operators (BSO) licences applications were received during the last application cycle which closed on 11 February 2019. Following a careful evaluation, LTA has decided to graduate Anywheel from a sandbox license, from up to 1,000 bicycles to a full BSO licence for up to 10,000 bicycles. Moov Technology Pte Ltd, a newcomer, will be granted a sandbox licence for up to 1,000 bicycles.
3. The third applicant, Ywise Circle Pte Ltd, was unsuccessful in its application as LTA has assessed that it did not meet the evaluation criteria.
4. All applications are assessed by LTA based on a set of common set of evaluation criteria which took into consideration factors such as the applicant’s proposal to manage indiscriminate parking, fleet utilisation, its financial strength and track record, if applicable. Under LTA’s licensing framework, operators who have been granted sandbox and full licences for device-sharing services will be allowed to operate in public places for one year and two years respectively.
5. LTA will impose conditions, including the maximum fleet size that each licensee is allowed to deploy. They must also meet other requirements such as implementing a Quick Response (QR) code parking system to ensure users park within designated parking areas. This seeks to ensure that licensees operate responsibly and do not create disamenities in providing their services.
6. LTA will not hesitate to take regulatory action against licensees who fail to comply with the conditions of their licence and standards of performance.
7. LTA will regularly review the fleet sizes so that the population of shared bicycles can support user demand. Licensed operators can submit applications to expand their fleet sizes twice a year in January and July. Licensees which have demonstrated they are able to manage their fleet effectively by minimising indiscriminate parking and maximising utilisation rate will have the opportunity to grow their fleets.
8. LTA will announce the decision on the PMD-sharing licence applications by mid-2019. More time is needed to evaluate this first licence application cycle for PMD-sharing activities, which involve new activities such as the charging of shared devices that are not present in bicycle-sharing services.