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NYC Taxi Medallions Continue Gaining Ground on TLC Plates as 1,000+ Cabs Return to Streets

Since September 2024, over 1,000 taxi medallions have come out of storage, as Uber and Curb dispatches have redirected app demand from TLC-plated FHVs to yellow cabs.

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AutoMarketplace
Oct 24, 2025
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  • Uber and Lyft NYC Trips to Non-Taxi For-Hire Vehicles (FHVs) Rose 1.2% YoY in Sep 2025: Uber regained market share from recently resurgent Lyft.

  • Yellow Cab Trips Up 17.0% in September; 3,069 Medallions in Storage: Growth driven by more cabs returning to service and Uber / Curb e-hail dispatches — ~10,520 taxis active, including 5,746 medallions attached to WAVs.

  • Green Rides Record: In September, 21.8% of all Uber and Lyft trips in NYC were completed in an EV or WAV. The mandated 25% EV / WAV requirement for 2026 is likely to be met, making an EV-only plate release highly unlikely.

  • Total NYC for-hire vehicle (FHV) trips across all sectors grew by 5.6% YoY in August 2025, reaching an average of 811,249 daily trips.

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