“A rickshaw driver will refuse to take you because you are going in the wrong direction.”Right now, Vogo and Bounce motorbikes are hard to find. At the Jayanagar station, the trunks on two of Bounce’s motorbikes would not open, trapping the helmets inside — a common problem. “That said, the amount of demand is insane.”Vogo and Bounce are hoping to cut costs by stocking their fleets with electric motorbikes, which cost less by the mile than gasoline ones. Traditional ride-hailing is a maturing business in India, much as it is in the rest of the world. Last year, it bought Jump, which rents out electric bicycles and motorized stand-up scooters in two dozen major cities in the United States and Europe.

Source: Economic Times May 06, 2019 04:07 UTC