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Report: Uber expects only short-term license in London

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Report: Uber expects only short-term license in London

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.