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♿+⚡ NYC & TLC Want 25% of Uber/Lyft Trips to be in EV or WAV Within 3 Years (Part 1)

Mayor Adams has tasked TLC Chair David Do with driving electrification of ~78,000 TLC-plated NYC Uber & Lyft (high-volume (HV)) fleet. TLC could issue more EV-only TLC Plates.

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AutoMarketplace
Aug 17, 2023
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  • NYC Mayor Eric Adams and TLC Chair David Do are proposing EV & WAV trip mandate for ~78,000 TLC-plated fleet that are dispatched by high volume (HV) bases (only includes Uber & Lyft)

  • Proposal is more specific guidance from similar announcement in January ‘State of the City’ address

  • TLC will hold online-only hearing on Wednesday, September 20th at 10am, to discuss proposal

In Part 2, to be published tomorrow, we’ll cover:

  • TLC proposal likely (re)opening door to (re)issuance of additional EV-only FHV Licenses (TLC Plates)

  • Yellow taxi medallion industry not being subject to City electrification goals & negative reaction to any *new* EV-only TLC Plate issuance

  • AutoMarketplace opinions and suggestions, including:

    • Commendable “moonshot” mandate should only apply to FHV Corporations that have claim to more than 500 TLC Plates

    • Luxury (i.e., UberBlack) and Luxury Limo segment should have flexibility given limited and pricey premium EV options

    • Auto loan, interest rate, insurance, auto repair & service c…

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