The Mayor or london, Boris Johnson, announced his new 15 mile route which will include Dutch-style fully segregated cycle tracks along places such as the Victoria embankment and the infamous Westway flyover.
Under the plan, a range of new cycle routes will open over the next four years parallel to and named after Tube lines and bus routes.
The plans will include a new network of "Quietways" - direct, continuous, fully signposted routes on peaceful side streets, running far into the suburbs, and aimed at people put off by cycling in traffic.
It will also include improvements to junctions deemed the least safe fo cyclists, including Blackfriars, Vauxhall and Elephant & Castle and it will enforce 20mph speed limits for all traffic on some cycle routes.
An electric bike hire scheme, similar to the existing programme, will also be trialled.
"We want to give Londoners the road transport network to make cycling attractive to large numbers of people," Boris Johnson said.
Andrew Gilligan, the mayor's recently appointed cycling tsar, said the aim was to give "normal people the confidence to get on their bikes".
He promised to tackle the most dangerous aspects of cycling, which was seen as an acknowledgement that the vast majority of fatalities occur at junctions, and most involve HGVs.
It is understood that a new set of superhighways are to form an improved network, with a "superhub" at Waterloo, encouraging rail commuters to "pick up a bike" and cycle rather than continue their journey on to the tube.
Johnson said: "The Westway, the ultimate symbol of how the urban motorway tore up our cities, will become the ultimate symbol of how we are claiming central London for the bike."
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