Divvy Bikes Supplier, Bixi, Files For Bankruptcy; City Officials Say It Won’t Affect Expansion Plans

Comments:  | Leave A Comment

The supplier behind Chicago’s Divvy bike share filed for bankruptcy Monday in Montreal, though Chicago Department of Transportation officials say that won’t affect the program’s ambitious expansion plans in the Windy City.

Montreal-based Public Bike System Co. — known popularly as Bixi — is almost $50 million in debt, according to the Montreal Gazette.

In Chicago, CDOT officials plan to add 4,750 bikes and 75 docking stations to the system this year. A CDOT spokesman told the Tribune in a statement the bankruptcy filing wouldn’t affect Divvy’s operations.

For more, click here.

Tags: » » » » »

Comments

blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 292 other followers