Calls for 20,500 ride-hailing permits to keep 15,000 cars on Hong Kong roads daily

Hong Kong lawmakers and experts are calling for the government to issue approximately 20,500 ride-hailing permits in the initial phase of regulation. This recommendation is based on the assessment that at least 15,000 active ride-hailing cars are necessary daily to satisfy current demand and prevent further transport shortages. The proposal emerges as the government has reportedly consulted lawmakers on a regulatory framework for ride-hailing services without presenting a concrete plan. The Transport and Logistics Bureau is expected to submit its proposal to the Legislative Council soon, possibly as early as Monday. The aim is to establish a regulatory system for ride-hailing platforms in the city.