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Increasing the tax on ride-hailing group’s gross receipts from 1% to 6% is part of the Council’s plan to raise $178.5 million in funding for public transportation — D.C.’s share of the overall $500 million funding effort.
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The cap on surge pricing would have been the first such law in the country.
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A report by the New York Economic Development Corp. found that subway and bus ridership in New York City has declined, while ridesharing numbers grow.
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The bill still needs the signature of Mayor Kirk Caldwell, whose administration appears to oppose it.
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The Syracuse Common Council Airport & Transportation committee says there is little that could be done, since state law supersedes city law.
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HyreCar has reportedly already raised $5.5 million in venture capital funding.
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Aptiv autonomous vehicles on the Lyft network will be available to the general public in Las Vegas starting May 3.
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Certify's quarterly SpendSmart report shows an increase in ride-hailing use among business travelers, although car rentals and taxis are still holding their ground in certain markets.
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The ride-hailing company said it will be committing $1.5 million to its Relief Ride program which has provided free transportation to victims of natural disasters in the past.
Read More →Just in time for Earth Day, Lyft expects the new initiative to offset over a million metric tons of carbon.
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