IHS Markit Launches Fleet of State-of-the-Art Electric Freebikes for Employees at London HQ

Freebikes are zero emission, dockless electric bikes and can be unlocked via an app in a matter of seconds

Friday, November 9, 2018 4:19 am EST

Dateline:

London
"We’re really excited about our new fleet of e-bikes – they’re zero emission, easy to use and the perfect way for our employees to get to meetings around London"

LONDON (9 November, 2018) – IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, is providing a fleet of state-of-the-art electric bikes for use by employees at its London headquarters in Moorgate. Freebike is one of the most technologically advanced, dockless electric bikes in the world and is unlocked in a few seconds via an app or swipe card.

As part of its ongoing commitment to environmental protection, IHS Markit is using Freebike to provide employees with a fast and environmentally friendly way to travel to their customers around London.

“We’re really excited about our new fleet of e-bikes – they’re zero emission, easy to use and the perfect way for our employees to get to meetings around London,” said Lance Uggla , CEO and chairman of IHS Markit. “I’m delighted that we’re launching this initiative in the City and taking important steps to reduce pollution and congestion in such a busy area. We will be looking to expand this pilot to our other global offices in the coming months.”

“We’re thrilled that IHS Markit – our first corporate user – is launching the e-bikes program to improve its carbon footprint,” said Katharine Butler, co-Founder of Freebike. “The congestion in London means that users can not only get to their meetings in half the time that it would take in a car, but with Freebike’s electric assist motor, they will do so without breaking a sweat. It is also a lot of fun, a word not often associated with city travel.”

Freebike currently operates dockless e-bike sharing systems in Finland, Slovakia and the Czech Republic.

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About IHS Markit ( www.ihsmarkit.com )

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions.

IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2018 IHS Markit Ltd. All rights reserved.

About Freebike ( www.freebike.com )

Freebike is the most technologically advanced, dockless electric bike in the world.  A user can rent it in two seconds using an app or contactless card, a speed and flexibility found nowhere else. Its pinpoint accuracy GPS allows unrivalled control to define where it may or may not be ridden or parked. It can be tracked and stopped in real time. With its electric assist motor, the Freebike can go up to 15mph but the technology allows this to be capped at different speeds, in different areas and even at different times of day.

Freebike has both pedal bike and ebike schemes across the world including in the UK, France, Czech, Slovakia, Canada, Finland, Saudi Arabia and Poland. They offer their hi-tech and ecological solutions which replace car journeys to companies and cities alike.

Contact:

Financial Markets
Joanna Vickers, +44 207 260 2234
Financial Markets, Information Products
joanna.vickers@ihsmarkit.com