A fleet of bright red electric bikes run by ride-share company Uber will hit Melbourne's streets next month, in a plan that councils hope will salvage the reputation of shared bike schemes.

International company Jump has signed an agreement with Melbourne, Yarra and Port Phillip councils to green-light the city's first dockless e-bike scheme.

Melbourne lord mayor Sally Capp and the new Uber-run dockless e-bike, Jump. Credit:Eddie Jim

The move comes hot on the heels of the disastrous oBike scheme in Melbourne, which saw yellow share bikes being ditched on footpaths or dumped in the Yarra and the removal of Melbourne's blue bikes.

Around 400 Jump bikes – which are operated via the Uber app – are to be made available for hire in a one-year pilot scheme across the three councils.