Gas Prices Too High?
GOOD NEWS!
Now taxi operators can save up to $8000 per year on gas costs and get special
tax breaks by using hybrid (gas-electric) taxis!
On July 20, 2005, Mayor Bloomberg signed into Law the use of hybrid vehicles as taxicabs in NYC. On May 24, 2006, the NY City Council passed Int 339 requiring that 254 of the new taxi medallions to be sold in June must be for alternative fuel vehicles.