https://techcrunch.com/2021/02/28/lime-unveils-new-ebike-as-part-of-50-million-investment-to-expand-to-more-25-cities/

Lime said Monday it has allocated $50 million towards its bike-share operation, an investment that has been used to develop a new ebike and will fund its expansion this year to another 25 cities in North America, Europe, and Australia and New Zealand. 

If the company hits its goal, Lime’s bike-share service will be operational in 50 cities globally by the end of 2021.