Dr David T Hon is a physicist, inventor and entrepreneur. A graduate of Berkeley and UCLA, he spent his early career as a well-known laser physicist at Hughes Labs. Hon is best known as the inventor of an aiming and self-focusing mechanism still in use in all high-power lasers today. In the bike industry, he is best known as the founder of DAHON folding bicycles. DAHON has grown to become the world’s largest manufacturer and marketer of folding bikes, with Hon still CEO to this day.
Shared bikes/e-bikes/E scooters can be quickly folded and stored in matrixes of small cavities in cabinets. These huge but space-saving 3D cabinets can be easily transportable and installable in street corners and transit stations as required. Access and storage by the consumer is automatic. Recharging is done in the cabinets. An AI system helps with rental collection and repairs. Aside from keeping the city clean, the proposed system can yield up to 14% annual ROI.