NYC yellow cabs get 'Uber-like' app

Posted: Updated:
The app is the first ride-hailing app to connect riders to New York City taxi drivers. The app is the first ride-hailing app to connect riders to New York City taxi drivers.
NEW YORK -

A tech company has developed a new 'Uber-like' app for yellow cab drivers in New York City.

The new app called 'Waave' is similar to Uber and Lyft, with upfront fares, no surge pricing, and an estimated time of arrival shown to customers who book their trip through the app on their phone.

Earlier this month the city council passed legislation to put a cap on ride-hailing services, which will freeze the number of licenses granted to drivers for a year.

The city argues the extra Uber and Lyft drivers increase traffic congestion and air pollution and lower the value of taxi medallions.

The tech company which developed 'Waave' says New Yorkers who use the app are the ones who care about the future of their city can play an important role in reducing issues while strengthening the well-being of the city's taxi drivers and transit system.

The app is the first ride-hailing app to connect riders to New York City taxi drivers, and it's expected to be available for download next week.

  • SlideshowsMore>>

  • 70th Emmy Awards

    70th Emmy Awards

    The 70th Emmy Awards were held at Microsoft Theater on Sept. 17, 2018 in Los Angeles, California.The 70th Emmy Awards were held at Microsoft Theater on Sept. 17, 2018 in Los Angeles, California.
    The 70th Emmy Awards were held at Microsoft Theater on Sept. 17, 2018 in Los Angeles, California.The 70th Emmy Awards were held at Microsoft Theater on Sept. 17, 2018 in Los Angeles, California.

    The 70th Emmy Awards were held at Microsoft Theater on Sept. 17, 2018 in Los Angeles, California.

    The 70th Emmy Awards were held at Microsoft Theater on Sept. 17, 2018 in Los Angeles, California.

  • Boogie Down Bites Photos

    Boogie Down Bites Photos

    From pizza to chopped cheese sandwiches and the Bronx salad, News 12 brings you Boogie Down Bites!From pizza to chopped cheese sandwiches and the Bronx salad, News 12 brings you Boogie Down Bites!

    Here are some of the dishes featured on Boogie Down Bites. 

    Here are some of the dishes featured on Boogie Down Bites. 

  • Guide: Brooklyn and Bronx Breweries

    Guide: Brooklyn and Bronx Breweries

    Tuesday, August 28 2018 9:30 AM EDT2018-08-28 13:30:56 GMT

    Looking to check out brewery this summer? There are many breweries across the boroughs for beer-lovers to visit.

    Looking to check out brewery this summer? There are many breweries across the boroughs for beer-lovers to visit.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."