Uber is scrapping tens of thousands of Jump bikes during a nationwide bike shortage

Uber is sending tens of thousands of its electric Jump bikes to the scrap yard, weeks after offloading the money-losing bike-share division on Lime. The news of the scrapped bikes has incensed bike enthusiasts on social media, one of whom decried the act as “unconscionable.”

Uber confirmed in a statement that it was “recycling” many of Jump’s older bikes and scooters after transferring “tens of thousands” of the newer models to Lime. But the scrap job comes at a time when many people are avoiding public transportation because of the coronavirus pandemic and looking for alternate forms of transportation. Bike sales (and especially electric bike sales) are booming. And the destruction of tens of thousands of viable bikes and scooters...

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