The tsunami of 45,000 VTC licenses in Madrid

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The tsunami of 45,000 VTC licenses in Madrid
ID 206995163 © Avictorero | Dreamstime.com

Cabify confirmed at the end of March that it had received 8,500 new VTC licenses from the Community of Madrid, approved following a court ruling and set to take effect immediately. This could be the beginning of a flood of driver-driven rental vehicles that the mobility technology platform expects in the coming months.

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