Taxi medallion to "The Washington Post", medallions were "the best investment in America", but—due to increased competition from app-based car services and transportation network company growth from companies like Uber and Lyft—taxi medallions are now decreasing in price. In 2013, the price of a medallion was $625,000. In 2014, that price had risen to around $700,000. In 2014, a medallion was worth nearly $700,000. The total value of all medallions and assets related to them had a value of $2.5 billion in Chicago in 2013. In 2012, medallion prices ranged from $87,000 to $385,000. In 2015, Chicago's average medallion price was under
Robo-Taxi partnerships have been signed between automakers, technology providers and service operators. Most significant disclosed information include: Robo-Taxi A Robo-Taxi, also known as a Robo-Cab, a self-driving taxi or a driverless taxi is an autonomous car (SAE Level 4 or 5) operated for an e-hailing (on-demand mobility) service. The fact of eliminating the need for a human chauffeur, which represents a significant part of the operating costs of that type of services, could make it a very affordable solution for the customers and accelerate the spreading of Transportation-as-a-Service (TaaS) solutions as opposed to individual car ownership. However, it raises the issue