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

A Hong Kong government transport advisory body has stated that issuing "several thousand" ride-hailing licences under a proposed regulatory framework will not meet demand. Professor Wong Sze-chun, chairman of the Transport Advisory Committee, indicated after a meeting with government officials on Monday that the committee expects an initial level of around 10,000 licences. This figure is higher than suggestions from taxi groups, which proposed "several thousand." The committee's concern is to establish a quota that adequately serves demand without negatively impacting existing services. Specific numbers for platforms, vehicles, or drivers were not provided by the committee members.