#tnvs

The initiative targets Transportation Network Vehicle Service (TNVS) drivers and operators, offering flexible rental and ownership options for models under its Green lineup, including the Herio Green and Limo Green. During the Senate hearing on TNVS chaired by Sen. Grace Poe, LTFRB Chairman Delgra has announced that they will start opening online registration of TNVS applications by March 5, 2018. Last July 2016, the LTFRB has suspended accepting new applications of TNVS. Last January, the LTFRB has also stated that they will limit the TNVS applications to just 45,000 cars (between Uber and Grab). Other issues were also discussed like the use of a special plate or exclusive TNVS sticker for the cars to identify them as TNVS. Land Transportation Franchising and Regulatory Board (LTFRB) said that they will put a limit on the number of transport network vehicle services (TNVS) units plying Metro Manila and nearby provinces. LTFRB believed that not all of the 125,000 registered drivers were active, thus resulting them to cap the TNVS units. Based on the agency's Memorandum Circular No. Read more in our articles including "Ride-hailing apps cut commissions as fuel prices rise" and "VinFast offers EV rentals from ₱1,000/day for TNVS drivers in PH".