GrabCab Secures 10-Year Licence as Singapore's Sixth Taxi Operator
The company will launch operations on April 9, 2025, with plans for a green fleet and initiatives to address unmet consumer demand.
- GrabCab has been granted a 10-year licence by the Land Transport Authority (LTA) to operate as Singapore's sixth taxi operator, starting April 9, 2025.
- The company is required to meet a minimum fleet size of 800 taxis within three years and comply with fare structure and vehicle identification regulations.
- GrabCab plans to introduce a green fleet of hybrid and electric vehicles, aligning with Singapore's sustainability goals.
- To attract drivers, GrabCab will sponsor Taxi Driver’s Vocational Licence fees and provide six months of National Taxi Association membership for new drivers.
- This development follows a decade-long decline in Singapore's taxi fleet and comes after Grab's failed attempt to acquire Trans-cab in 2023 due to competition concerns.