The Official Blog
The transportation industry continues to progress at an astounding pace. And with the emergence and continued success of Uber and its adversaries, the taxi industry is full of opportunities. But, the very reason that entices business owners is the very factor that makes them cautious – the competitiveness of the market. Nevertheless, taxi landscape is worth pursuing and here are four tips to start a successful taxi business and keep it running.
1.
Fantasy comes true
The groundwork for launching flying cars has been accelerated. Technology has already disrupted the taxi sector to the core, and more is happening across the industry. It is time for taxi to take the new incarnation as flying taxi. While the research is going on over the concept for years, many industry giants have announced that the flying taxis will be commercialized soon and will be on road (on air!) in a five-to-ten year duration.
The transformation that the taxi industry has experienced in the last decade has been remarkable. Technological advancements have played a significant role in shaping the taxi ecosystem and we now live in an era where a customer can use a taxi app to book their next ride within seconds. The global taxi market continues to rise, with the US and UK running neck-to-neck for its increasing adoption of ride-hailing businesses.
On the 14th and 15th of March, the Bengaluru city will witness the biggest event “Connected Vehicles 2018” at Park Plaza. The conference accompanied by the exhibition is a joint initiative of Telematics Wire and Centre of Excellence to explore the connected automotive ecosystem.
Baidu competes with its US rivals by funding $1.52 billion on autonomous cars project. Baidu has a vision for 2020 to hit the roads with 100 self-driving projects that work on artificial intelligence (AI).
China’s Google “Baidu Inc” unveils its new product Apollo 1.5, an upgraded version of its Apollo open-source software for completely autonomous cars. As part of a wider plan to fasten its technical development, they announced a $1.
The name that revolutionised the transportation industry is facing its major setback with the ban imposed on them in London. Uber can no more operate in London, leaving thousands of drivers jobless and millions of passengers helpless. The city’s transportation authority denied to renew Uber’s license due to the reason that Uber failed to comply with the regulations of the city.
Though transportation business is expensive to start up, you can establish with few vehicles and increase gradually as become a lucrative company. There are a lot of things you must consider before starting up the public transportation service. Now mobile technology is a preferable way every customer wants to book the cab or limousine. The customer can able to book the best managed as well as available fleets near by them without few taps using mobile application.