NEW YORK CITY — The Taxi and Limousine Commission (TLC) unanimously approved a regulation earlier this week requiring new cabs entering fleets after October 1st of next year to get better gas mileage — about 25 miles per gallon.
The regulation means more hybrid electric taxis will be hitting the road. There are already about 630 on city streets.
The TLC says when fully phased in, cab owners will save between $4,000 and $11,000 a year in gas costs.
The TLC's new regulations are part of Mayor Bloomberg's environmental plan to have an all-hybrid taxi fleet by 2012.
New York City’s livery vehicles have yet to be subject to these specifications.
SOURCE: NY 1 News