Change the path in the third line to match the path for your projects in the create.py file, like this (%1 is taking the second argument that you type after create. See Usage):
Change the last line to your code launcher command. If you use VS code it is code . and with VS code insiders it is code-insiders .. If you don't have such a command, you can just delete the line.
Place file create.bat here: C:\Windows\System32. You will need administrator permission for this.
Usage
To run the script type create <name of your new repository> in your preferred terminal.