The jump company is really excited because it is bringing dockless Electric bikes service in San Francisco and it has started really great. There will be feedback from thousands of new users of electronic bikes and they are really enjoying the process because the impact on transportation is really good which they are observing since the launch of the electronic bike.
In February they had a first full month in Saint Francis go and they were thinking and analyzing about how the things have gone so far. They launched the metrics and they talked about the main KP. The average trip per day of the bike, the average distance for the trip, the parking satisfaction for the bike.
So let us now talk about the average distance per trip
The best way to measure the impact of an electronic bike is to understand the average distance traveled during each and every ride and the average distance for the jump electronic bike is 2.7 miles.
And average nonelectric bike trip is less than 1 mile while the average ride car trip, such as Uber or lyft is around 5 miles. The average distance traveled for the trip is falling right in between these numbers and this is a big prove that electronic bikes are working in bridging the gaps between bikes as well as cars. There are two
targetable benefits which have been proven because of the average distance traveled per trip.
The first one is that the person will be able to connect to more part of the cities. More than 40% of the rides on the jump bike start or ends in Saint Francis go which is the community of concern for the jump company.
They started the operations in Bayview and they are excited about the electronic bikes which are proving to be something that Bayview and other neighborhoods just like it where new transportation options often show up long after downtown counterparts.
This will also be able to make the commutes shorter. The bike will provide the user with boost up to 20 miles per hour and it is pretty obvious that electronic bikes are faster when compared to regular bikes. In San Francisco, cars travel speed of 12 miles per hour and if you use a jump bike in order to travel from work then it is much faster than driving a car and also cheaper.
Trips per day per bike
When you analyze all the utilization that has been going on for each bike by tracking the trips per bike per day. This will help in three different aspects of the successful bike sharing a ride. The first one will be, satisfaction. The second one will be the fleet size. The third one will be revenue.
It was in February, when, the company started averaging for traps power bike or day in San Francisco. They are excited because of the results because when you average how much your bike share system is, it is only two trips per bike per day. The number 4 is just the beginning for the company and they had a number of days about 5 as well.
The parking satisfaction is also a fundamental part of the metrics which they want to calculate. Most of the jump bike trips receive above 99.5% parking satisfaction meaning that Less than 0.5 % of the trips taken will result in a complain related to parking. This is a number which is not possible but the circumstances for it being possible to have been created by the company because of the integrated Lock on each bike.