Uber warns a proposed Hong Kong cap of 10,000 to 15,000 ride-hailing licenses will not meet passenger demand. This limit threatens service availability for residents and visitors.
Uber projects a 15,000-vehicle cap. This limit could cause 40% of peak-hour booking attempts to fail. Waiting times could double. Fares may increase by up to 70%.
The company urges authorities to reassess market demand before implementation. The cap could eliminate income for over 15,000 drivers.