ComfortDelGro starts to grow taxi fleet again

Industry leader ComfortDelGro said it has just placed an order for 200 new hybrid Hyundai Ioniq cabs - its first order in nearly 18 months.
Industry leader ComfortDelGro said it has just placed an order for 200 new hybrid Hyundai Ioniq cabs - its first order in nearly 18 months.ST PHOTO: COMFORTDELGRO

First rebound after continual shrinkage from 2016

Even as new private-hire hopefuls are jostling to fill a void left by Uber, the battered taxi industry is seeing signs of a turnaround.

From reducing the number of cabs by up to 20 per cent since ride-hailing apps arrived five years ago, at least two taxi operators are now growing their fleets again.

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A version of this article appeared in the print edition of The Sunday Times on May 06, 2018, with the headline 'ComfortDelGro starts to grow fleet again'. Print Edition | Subscribe