Fluctuo’s latest European Shared Mobility Index reveals London and Paris leading the bike-sharing boom

The latest edition of Fluctuo’s European Shared Mobility Index highlights significant shifts in Europe’s shared mobility landscape, with London and Paris emerging as key players in the rapid expansion of bike-sharing.

While overall fleet sizes have declined, ridership has grown, signalling a shift in user preferences and market dynamics.

The report, supported by Aon, Lyft Urban Solutions, EIT Urban Mobility, and POLIS, shows that there were 940,000 shared vehicles across Europe in 2024, generating 640 million trips and €2.1 billion in revenue. Despite a 4% decrease in total fleet size, overall ridership increased by 5% compared to 2023, driven largely by the rapid expansion of dockless bike fleets and a growing demand for shared mobility services.

London, Paris, and Berlin love to share

London and Paris have cemented their status as the leading hubs for bike-sharing in Europe—one in every three shared bike trips across the continent took place in these two cities!

London alone recorded 29 million dockless bike trips in 2024, making up one-third of all such trips in Europe. Meanwhile, Paris’ Vélib service remains the most-used shared mobility service in Europe, with 49 million trips over the past year. The demand for shared bikes has driven an 18% increase in dockless bike fleets, while ridership surged by 58%, demonstrating a strong shift towards flexible, free-floating options.

Berlin remains Europe’s largest shared mobility market in terms of fleet size. With nearly 59,000 shared vehicles, the German capital leads in both scooter and car-sharing usage. Its extensive mobility network, combined with a strong regulatory framework, has made it a key testing ground for evolving shared mobility policies.

Beyond bike-sharing

While bike-sharing is on the rise, other shared mobility modes have seen a more mixed picture. Scooter fleets declined by 16%, reflecting stricter regulations and restructured tenders in several major cities. Despite this, scooters still account for 47% of all shared vehicles in Europe. Moped-sharing also contracted, with ridership down 17%. In contrast, car-sharing services maintained stable growth, with ridership increasing by 5% as more cities integrated shared cars into their mobility strategies.

The European Shared Mobility Index also underlines a shift in the competitive landscape. In the early years of shared mobility, operators focused on deploying the largest fleets and expanding as quickly as possible. Now, success depends on winning city tenders, securing long-term partnerships, and demonstrating high service quality. With city authorities playing a growing role in shaping the market, operators must adapt to evolving regulations, integrate more closely with public transport networks, and prove their commitment to sustainability.