The Land Transportation and Franchising Regulatory Board (LTFRB) will limit the number of Transport Network Vehicle Service (TNVS) or popular known as ride-sharing vehicle.
There are currently 125,000 ride-sharing vehicle in the Metro Manila, 55,000 units by Grab and Uber, with about 70,000 units. LTFRB said that the 45,000 units limit will be shared by all TNVS. In a report by CNN Philippines, LTFRB spokesperson Aileen Lizada said “The numbers we arrived at were based on the data given to us by both TNCs, considering yung dual citizenship, part time, full time, number of bookings, as well as yung mga churning rate,”
In Memorandum Circular No. 2018-03, the LTFRB’s Technical Working Group (TWG) in consultation with the Department of Transportation (DOTr), and TNVS themselves will cap the number of TNVS to 45,000 in Metro Manila, 500 in Metro Cebu and just 200 in Pampanga. The MC 2018-03 will take effect on the 3rd of February.
The memorandum specify that the agency will only accept vehicles that are three years old from the date of manufacture, with a maximum age limit of seven years. The car’s age limit will not be applied if it pass the Motor Vehicle Inspection System.
LOOK: LTFRB sets limit to TNVS supply base. pic.twitter.com/X8LYO4Urgr
— Jacque Manabat (@jacquemanabat) January 18, 2018
Aside from the capped number of ride-sharing vehicle, LTFRB also plans to remove the accreditation of compact cars and hatchbacks as part of its safety regulations.
Last modified: January 20, 2018