SINGAPORE: Ride-hailing app Uber announced a fare cut for its private car service, uberX, on Wednesday (Apr 13).
The base fare for uberX has been revised to S$3 instead of S$3.50, lower than the cheapest flag-down fare of S$3.20 for local taxi companies. The subsequent per kilometre and per minute charges for uberX have also been revised downwards by S$0.05, to S$0.45 and S$0.20 respectively.
Competitor Grab's GrabCar Economy service has a base fare of S$3.50 and subsequent charge of S$0.90 per kilometre. It has no per minute charge.
Uber's announcement of its fare revision comes just a day after authorities announced new regulations for the private hire industry that will make it a must for private hire cars to be registered with the Land Transport Authority (LTA). A Private Hire Car Driver Vocational Licencing framework will also be introduced to ensure that drivers providing chauffeured services undergo background screening and have sufficient training on safety. They will also be subject to a demerit point system for errant conduct such as touting.