New York City to Cap <br />Uber and Lyft Vehicles The Big Apple has passed regulations on ride-hail companies such as <br />Uber and Lyft. The regulations cap the number of vehicles on the road for one year and require drivers be paid <br />a minimum wage. Studies show app-based ride services account for 80,000 vehicles in America's largest city. They also provide <br />17 million rides per month. Supporters of the move say the regulations will protect drivers, regulate the industry fairly and reduce congestion. Opponents say the regulations could result in longer wait times and higher prices for <br />ride-hail services.
