Most people won’t ride for an hour; they’ll use it for a 10-minute connection to/from their nearest bus or to get from one side of central city to the other. And even an hour’s riding (20+ km?) has got be cheaper than the equivalent taxi/Uber fare…

But you’re paying for convenience – at $24/hour to ride a Lime it soon racks up the costs. Then again these are ebikes, so its ~65 hours of rental to equal $1500, a basic new ebike cost.