Is Hong Kong kicking the can down the road with ride-hailing quota?

    Is Hong Kong kicking the can down the road with ride-hailing quota?

    Taxi trade leader Chau Kwok-keung says he has never felt as much fear as he does now after transport minister Mable Chan set a 10,000-vehicle cap for ride-hailing service permits in May, in a bid to resolve what she called a “long-standing controversy” between traditional cabs and online service providers. Chau, a 40-year veteran of…

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    Chinese ride-hailing giants back Hong Kong plan to cap permits at 10,000

      Chinese ride-hailing giants back Hong Kong plan to cap permits at 10,000

      Two mainland Chinese ride-hailing operators in Hong Kong have backed a controversial plan to regulate the industry by capping vehicle permits at 10,000, a figure the city’s largest American business chamber considers insufficient. In submissions to the Legislative Council on Monday and in recent days, Amap and Didi Chuxing said they supported the Transport and…

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      ‘Several thousand’ ride-hailing licences won’t cover demand, advisory panel says

        ‘Several thousand’ ride-hailing licences won’t cover demand, advisory panel says

        Issuing “several thousand” licences to ride-hailing vehicles under a proposed regulatory framework will be insufficient to meet demand, a Hong Kong government transport advisory body has said, calling for a quota that will not compromise existing services. Speaking after meeting government officials on Monday, Professor Wong Sze-chun, chairman of the Transport Advisory Committee, said members…

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        Opinion | Why set a limit for Hong Kong’s ride-hailing services?

          Opinion | Why set a limit for Hong Kong’s ride-hailing services?

          Hong Kong should not limit the number of vehicles licensed to provide ride-hailing services. In particular, every owner of an electric vehicle that complies with the regulations should, in principle, be able to obtain one on demand by paying the required fee. Normal market forces, together with fees and other licensing requirements, will be sufficient…

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