Ten years on from the first contract for the share bike scheme,Labor says it has not lived up to its promise.
JCDecaux will continue to take revenue from the advertising schemes while not having to fund the CityCycle program.
Brisbane City Council's bike-share scheme,already struggling in competition with e-scooters,has seen a further decline in patronage.
It comes as Lime's Generation 3 e-scooters are set to make their Australian debut for Brisbane riders in two weeks.
The council is waiting for the bikeshare operators JC Decaux to investigate the potential to bring electronic bikes into Brisbane.
Brisbane City Council's public cycling scheme is reporting lower patronage figures and far fewer memberships being sold since e-scooters arrived this year.
QUT researchers have observed nearly half of all e-scooter riders in Brisbane breaking the law,with most doing so by not wearing a helmet.
Brisbane residents have particularly taken up the council-run cycling scheme in the past year,clocking up one million trips in 12 months.
CityCycle has been around for almost eight years. After a slow start,thousands of people now use the bikes every day. What does the future hold for the bike-hire scheme?
Bicycle Queensland says it received evidence to suggest most of the names on the petition,which garnered 100,000 signatures,were false.