New York City's iconic taxi service will be revolutionized by a team of Australian designers. The Daily Telegraph revealed that Unicab, which is a futuristic electric taxi, is considered for a lucrative commission to serve New York from 2014.

As a part of major overhaul of New York's yellow cab service, about 26,500 taxis will be supplied to the city over 10 years. Melbourne's award-winning RMIT student designer Damian Lucaciu, gave this concept and the team also seized ideas from clean-air experts and the NSW Disability Council's Founder Jacob Baldwin.

This electric cab is equipped with open space, low floors, a ramp for the disabled and seats for up to seven passengers. The front passenger seat is spun around, which will enable the rider to face his/ her friends. There are highly visible LED screens on the outside front windshield, through which the passengers can see where the car is heading and also know about the number of empty seats.

Though, there are about 13,000 taxis in the city at present, but new supplier will manufacture almost double of the same.

TLC commissioner David Lassy said, "The 'Taxi of Tomorrow' sets a high bar for the vehicle that will carry us into the future, and it will challenge people to put their manufacturing know-how where their imagination is".