All annual memberships will increase by $15 to $220 per year.

Want to take an ebike instead?

Thats now going to cost an extra $0.20 per ride, capped at a total of $4.

Citi Bike depends on corporate sponsorships and user fares to pay for its large-scale bike-sharing system. The company said it needs more from riders to pay for more bikes and stations.

Citi Bike depends on corporate sponsorships and user fares to pay for its large-scale bike-sharing system. The company said it needs more from riders to pay for more bikes and stations.Photo: Lindsey Nicholson/UCG/Universal Images Group (Getty Images)

Membership prices will go up Jan. 29, while other fare increases will take effect Jan. 4.

Its also getting more expensive for non-members.

Unlock fees are going up by $0.20 to $4.79.

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Citi Bike declared the increases would help improve bikesharing in NYC to support our growing operations and continued expansion.

The Lyft-owned company said users will see next-gen ebikes and more stations around the five boroughs and New Jersey.

Lyft haspreviously announcedplans to double its fleet of electric bikes.

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The Lyft-owned Citi Bike has beenroutinely criticized for the substandard maintenanceof itslarge-scale bike-sharing programin New York City.

The program doesnt get any money from the city.

Although more stations sound nice, its hard to take any promises too seriously at face value.

An Uber sticker is seen on a car at the start of a protest by ride share drivers on August 20, 2020 in Los Angeles, California.

The report also noted Black, Latino, and low-income neighborhoods had far more empty stations than others.

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