The initiative has been termed as the “Electric Bike Taxi” project and has been included in Karnataka’s budget for the financial year 2020-21, beginning in April 2020.

As per the ET report, the details of the electric bike taxi project have not been disclosed yet.

Even though the central government had approved bike taxis, the Karnataka state government did not roll out any such rules.

While some players have dubbed the electric bike taxis project as a revolutionary proposal by the Karnataka government, others have been skeptical about it given the lack of electric two-wheelers on the roads.

He added that the electric bike taxi project would only work out if the companies in the shared mobility space are ready to add electric scooters to their fleet. | To read full story, visit https://startuparound.com/read/1583479806.1703157/Karnataka-Likely-To-Launch-Electric-Bike-Taxis-Project?ref=audio_experience