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London Taxi Transport (Black Cabs (Is it the end? (Now competing with Uber…
London Taxi Transport
Black Cabs
Technology innovations
Greener vehicles
Emission less Taxi's being developed
Differentiators
The knowledge
Human interaction
Conversation
Humour
Is it the end?
Survived private hire expansion
Survived growth in personal car market
Survived bus capacity increases
Now competing with Uber
Price, Price, Price
So cheap because
No insurance
Foreign labour
Corporate tax avoidance
Weaknesses
Payment innovation
Market innovation
Driverless technology
Not far away
Cars will interact with traffic management systems
Semi-autonomous driving now
Credit card payments?
Increased competition
Now over 100,000 private hire vehicles
Uber
CEO comments
Corporate tax low due to age of company
1m trips in London