A new model of the Lime Bike, launched in London this month, has been rebranded as LimeBike and has become better equipped for parking. The new model features upgraded on-board technology to improve location recognition accuracy and help riders more easily find designated parking spots. It has also been subtly rebranded and features a lower frame and battery moved to the back for a sleeker look. The company is set to roll out new models in Nottingham, the West Midlands, Milton Keynes and Oxford. A recent study found that e-bikes accounted for at least one in 10 cycling trips in London last year, with an estimated 1.5 million daily cycling trips predicted for 2025.