S. Korea eyes no fleet cap for mobility platform providers
SEOUL, Nov. 3 (Yonhap) -- A state panel on mobility innovation has proposed the government place no cap on the number of vehicles that new mobility platform business providers can operate, officials said Tuesday.
The proposal is part of the commission's policy recommendations aimed at helping nurture the new industry, following the passage of a related law earlier this year.
Under the recommendations, those mobility providers should be equipped with platforms for ride-hailing, reservations, fleet control and advance fare payments.
They should also own at least 30 taxies and vans with less than 14 seats, secure garages and buy insurance.
Would-be mobility platform providers will be allowed to apply for government approval after the law goes into effect in April next year, with the new service expected to debut during the second half of next year.
Mobility platform providers will also be obliged to pay basic contributions amounting to 5 percent of their sales.
The policy recommendations came seven months after the National Assembly passed a controversial revision to the passenger transport service act to launch mobility platform businesses and slap new regulations on Tada, a popular ride-hailing service.
The revision calls for restricting the outsourcing of drivers for the use of rental vans with 11-15 seats to tour purposes only.
Tada -- which means "to ride" in Korean -- was launched in October 2018 and has become South Korea's leading ride-hailing service. But taxi drivers have fiercely protested against Tada, condemning it as an illegal call taxi service.
(END)
-
S. Korea to resume issuing short-term travel visas, e-visas next month
-
Ateez to drop new Japanese EP next week
-
(2nd LD) BTS wins three Billboard Music Awards, marking 6th year to win an award
-
Crypto investor probed over allegedly visiting house of Terraform's CEO
-
(2nd LD) N. Korea still unresponsive to S. Korea's outreach for talks on COVID-19: official
-
S. Korea to resume issuing short-term travel visas, e-visas next month
-
(5th LD) Yoon, Biden agree to expand joint military exercises to cope with N.K. threats
-
(LEAD) Yoon, PPP lawmakers travel to Gwangju en masse to commemorate 1980 democracy uprising
-
(LEAD) At least 8 injured in S-Oil refinery explosion in Ulsan: firefighters
-
(LEAD) Biden set to arrive in S. Korea for first summit with Yoon
-
U.S. not considering adding S. Korea to Quad: official
-
(5th LD) Yoon, Biden agree to expand joint military exercises to cope with N.K. threats
-
First lady Kim to greet Biden before state dinner
-
Biden calls Moon 'good friend' in phone conversation: Moon's aide
-
Yoon, Biden to visit Air Force operations center