A new automatic electrical & mechanical automatic underground bike park which meets the public needs of full automation, mass storage, efficient collection and return, no damage & no theft and landscaping is introduced in this article. The workflow and structure of this new bike park is included. The characteristics of bike-and-ride are surveyed and analyzed at two typical stations of Shanghai rail transit to evaluate practical applicability of the application of this new bike park. And a brief SWOT analysis is presented in this paper as well.