‘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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