Matter bets on cooperative bike taxi model to unlock electric motorcycle fleet opportunity

▤ Summary

Matter has signed an MoU with Bharat Taxi to pilot AERA electric motorcycles across the cooperative’s Sarathi network. The three-month test will measure vehicle performance, rider acceptance, and operating economics before any wider rollout. If the pilot works, the companies plan to expand into multiple cities and build an EV-first bike taxi ecosystem. The deal also reflects the pressure on India’s bike taxi market as app-based operators face regulatory challenges in several states.

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