Abstract: A bike share system with the flexibility to anchor the rental bike anywhere at the end of the trip employs a remotely operable lockbox which incorporates a wireless communication card with a GPS receiver. The bike itself has a battery for operating the wireless communication card and the GPS receiver and a hub dynamo for recharging the battery while the vehicle is in motion. A method of operating a stationless bicycle rental business is also disclosed. The remote lock can be disengaged by sending a text message, a voice message, a smart card message, or inputting required information using a keypad on the lockbox.

Abstract: A bike share system with the flexibility to anchor the rental bike anywhere at the end of the trip employs a remotely operable lockbox which incorporates a wireless communication card with a GPS receiver. The lock system includes a scissor clamp for grasping the bicycle seat support post and a pair of extended fingers of the scissor clamp which are retained by the clamshell halves of the lockbox. One arm of a U-shaped retainer can be extended into throughbores of first and second ears positioned on opposing sides of the bicycle wheel to lock the wheel against rotation. A mechanical locking device has teeth which engage with protrusions on the other arm of the U-shaped retainer to prevent its movement relative to the lockbox maintaining the other arm in wheel immobilizing position.