Uber loses London licence after TfL finds drivers faked identity

27. November 2019
by Volkmar Schott

Remember when UBER was destined to re-write the future of mobility not so long ago? Turns out: Not so fast. After struggling to cut losses, regulatory backlash is now kicking in as cities realize that ride hailing might not be a solution to overcrowded streets after all and the habit of owning cars is much more sticky than alleged.

While UBER is offering a highly valued service to its customers the question of economic viability of ride sharing is unclear (to say the least).

Maybe mobility patterns are less subject to disruption than many believe?

The views reflected in this article are the views of the author and do not necessarily reflect the views of the global EY organization or its member firms.

Uber London Limited found to be not fit and proper to hold a private hire operator licence