Uber Technologies Inc. is privately expecting to be awarded only a short-term operating license in London for either 15 months or 18 months, instead of the full five-year operating license it is seeking, Sky News reported Aug. 3, citing industry sources.
The ride-hailing giant lost its private-hire license in September 2017 after Transport For London said its approach and conduct "demonstrate a lack of corporate responsibility" that could threaten public safety and security.
Uber has since been attempting to secure a five-year license in London, but instead received a 15-month probationary license in June 2018.
Sources reportedly told Sky News that Uber had "little chance" of being granted the five-year term when its probationary period expires late September.
Uber has previously unveiled plans to electrify all its London taxis by 2025 in a bid to cut the city's pollution.