Are cabs still worth investing in?

According to the query owner's guide information, considering the indispensability of urban cabs in residents' traveling and the continuous growth of the demand for cabs with the expansion of the population size and the diversification of social activities, we can see that cabs still have a huge market potential. Although the emergence of online cabs has changed the living environment of cabs, cabs still have many advantages, such as convenience, speed and comfort. Therefore, investing in cabs in 2023 is still an option worth considering.

Consider the policy aspect. The abolition of the fuel subsidy policy for rental passenger transportation and the new energy bus replacement subsidy policy may increase the operating costs of traditional fuel cabs. However, it is better to choose new energy cabs this year because the government is likely to use fuel subsidies for new energy cabs, which will help reduce operating costs. Meanwhile, traditional fuel cabs in some first-tier cities will be gradually withdrawn from the market to promote new energy cabs. This policy measure provides a good opportunity to invest in new energy cabs.

We also need to consider the appreciation of cabs. Although economic fluctuations are an uncertain factor, in some first-tier cities, cab licenses are likely to appreciate in value due to changes in transportation policies and driving restrictions. Of course, it should be noted that private cars joining the cab industry may lead to increased competition. Therefore, before choosing to invest in cabs, you need to carefully study the local market situation and policy environment.