Budapestʼs bike sharing system expands further

Analysis

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Budapestʼs bike sharing system, MOL BuBi, has become available in 11 districts of the capital, with 1,150 bikes, 2,159 docking stations and 98 collection points, an announcement issued today reveals.

Since the beginning of this summer, 22 new BuBi collection points have come into operation, while the system was expanded with 638 docking stations and 50 bikes. All the newly established 22 collection points have terminals where occasional users can register and buy tickets for the service.

As the naming sponsor for the system, Hungarian oil and gas company MOL supports the operation of the system with an annual HUF 122 mln.

The bike sharing system can only be used after registering. Users pay a deposit of roughly HUF 20,000 to register, and after that they can borrow the bikes. The first half hour of bike use is free, and after that, users will be charged a small fee.

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