Lime electric bikes, or ebikes, have become a familiar sight on England’s roads, with recent financial reports showing a significant increase in their popularity. The company's profits more than doubled in 2025, reaching £4.7 million, while sales rose by a third to £148 million. This growth is attributed to a surge in riders, with the average number of monthly users jumping 31% to nearly 700,000. The increase in users coincided with the addition of over 4,500 new ebikes and scooters, bringing the total fleet size to almost 38,000. Lime Technologies, the UK branch of the company, reported these figures in documents filed with Companies House. Lime has expanded its operations to new cities, including Oxford in 2024 and Nottingham in 2023, in addition to its existing presence in London, Milton Keynes, and Salford. Despite the growth in business, the company employs only 54 people in the UK, up from 39 the previous year. This is largely due to its reliance on self-employed contractors for the maintenance and operation of its ebikes and scooters. Lime is owned by Neutron Holdings, a parent company that listed on the Nasdaq stock exchange last year with a valuation of $1.7 billion. Neutron Holdings is also partially owned by the US ride-hailing company Uber. Lime was founded in 2017 in San Francisco and now operates in about 230 cities across 29 countries, primarily in Europe. The company has been in discussions with several UK local authorities as it continues to expand its services. The English devolution bill, passed in April, grants local authorities new powers to regulate rental ebike operators, setting standards for parking, safety, and accessibility. While Lime ebikes have contributed to a rise in cycling in London, with one in 10 of the city’s 1.5 million daily cycle journeys being made on dockless ebikes, concerns have been raised about safety for both riders and pedestrians. Rented ebikes have been linked to nearly a third of cyclist-pedestrian collisions requiring police involvement. Some riders have also been injured by faulty bikes or suffered fractures from the weight of the bike falling on them, a condition known as "Lime bike leg." In response to safety concerns, Lime has introduced a smaller version of its ebikes in the UK, with batteries repositioned to the back wheel. More than 1,500 of these new models are now in use in England.