London won't get electric red bikes yet

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London won't get electric red bikes yet

TfL has concluded that assisted bike schemes put forward to them cannot deliver “strong value for money”.

An electric bike trial planned for Haringey was dropped in favour of funding other transport projects deemed to deliver a better return on investment.

Peter Blake, Director of Service Operations at Transport for London, said: 'We are supportive of any initiative that gets more people cycling, either by pedal power or electric. We had investigated the feasibility of trialing an e-bike hire scheme in Haringey but, because of the need to prioritise projects that deliver strong value for money, the decision was taken by TfL that the scheme would not go ahead.’