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BUSINESSChicago Sun-Times·1d ago

Chicago extends Divvy contract; parking changes, new bike model coming

Photo · Chicago Sun-Times
AI TLDR · GEMINI

Chicago extended its contract with Divvy operator Lyft until January 2033. The bike-share system will introduce new equipment models and parking changes. Discounted pricing will be implemented for the city's South and West sides.

The City of Chicago is extending its contract with Divvy as the network of rentable bikes, e-bikes and scooters plans to bring changes to its system, including discounted pricing on the South and West sides and updates to its equipment.Divvy, operated by Lyft, had a city contract set to expire in January 2028. That has now been extended to January 2033, the city announced Wednesday.The bikes originally launched in 2013 and use has steadily grown since then, with the company reporting 6.8…

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