Shared Bike with Foldable Design
Many people struggle with the last mile transportation problem, where they have to walk long distances after getting off public transport. A compelling startup idea is to develop a shared bike with a foldable design, enabling users to easily carry and store the bike when not in use. This would provide a convenient and eco-friendly solution for short distance travel. Market size: According to a report by Research and Markets, the global shared bikes market size is projected to reach $10.8 billion by 2025, with a CAGR of 12.5%.