Advertisement

Ride-hailing operators, vehicles in Hong Kong to need renewable licences

Insider says ride-hailing platforms will need licences that are not permanent but renewable, with a cap on number of vehicles given such permits

Reading Time:3 minutes
Why you can trust SCMP
13
The city’s ride-hailing sector has been dogged by disputes over the years, with long-standing hostility between the traditional taxi industry and online ride-sharing services such as Uber. Photo: Dickson Lee

Operators of ride-hailing platforms and vehicles in Hong Kong will need to apply for renewable rather than permanent licences under a proposed regulatory framework, to prevent speculative trading that is rampant in the city’s taxi trade, the Post has learned.

An insider said on Thursday that the ride-hailing platforms would need to pay for the licences, which would have a validity of five years.

The number of vehicles operating under each platform would also be capped, and the owner of each vehicle would need to pay for the licence and commercial insurance, the source said.

“Authorities prefer time-limited licences for both types to avoid repeating the speculative trading issues seen with taxi licences,” the insider added.

The source said that drivers who signed up with the platforms would be required to pass a written test that was similar to the one for cabbies.

But the insider stopped short of saying how much the licence fee would cost or the maximum number of vehicles that would be allowed to join the scheme.

Advertisement