Lyft Locks In Five More Years of Bike-Share, Adds 1,000 E-Bikes to San Francisco Fleet

Mayor Daniel Lurie and Lyft CEO David Risher stood together at Lyft's San Francisco R&D facility Tuesday to announce a five-year extension of the city's bike-share program, a fleet expansion of 1,000 new e-bikes and 60 new stations, and a rebrand from Bay Wheels to Lyft Bike. The announcement came as the system posted its highest-ever monthly ridership — more than 500,000 trips in June alone.

• Lyft extends its San Francisco bike-share operating agreement for five additional years, locking in private investment in the city's fastest-growing transit option through at least 2031
• 1,000 new e-bikes and 60 new stations coming citywide, including charging stations that keep bikes powered without manual swaps
• Next-generation bike hardware with photoreflective paint, lighter frames, and lower production costs begins rolling out — roughly 250 units entering the fleet now
• Bay Wheels rebranded to Lyft Bike, a move the company says puts its name and accountability on the system
• Record ridership validates expansion: more than 500,000 trips in June 2026, with 3 million rides across San Francisco in the past year

Why it matters: The extension secures continued private operation and investment in San Francisco's bike-share infrastructure at a moment of surging demand, reducing the risk of service gaps and giving the city a longer planning horizon for integrating micro-mobility into its transportation network.