New York Metropolis’s Historic Congestion Pricing Begins Sunday, Uber And Lyft Passengers To Pay For Getting into Manhattan – Lyft (NASDAQ:LYFT), Uber Applied sciences (NYSE:UBER)

New York Metropolis is poised to turn into the primary U.S. metropolis to implement congestion pricing, with drivers dealing with new tolls to enter Manhattan’s central enterprise district beginning Sunday. The groundbreaking initiative goals to deal with city congestion and fund public transit enhancements.

Below the plan championed by Gov. Kathy Hochul, passenger autos with E-ZPass pays $9 throughout peak hours (5 a.m. to 9 p.m. weekdays, 9 a.m. to 9 p.m. weekends) to enter Manhattan south of Central Park. Non-E-ZPass customers pays $13.50. In a single day charges drop to $2.25 and $3.30 respectively, reported Related Press.

This system follows profitable fashions in London, Stockholm, and Singapore. Whereas environmental and transit advocates help the measure for its potential to scale back air pollution and fund mass transit, it has confronted authorized challenges, together with a current unsuccessful try by New Jersey to dam implementation.

Some reduction is out there by credit of as much as $3 for drivers utilizing main tunnels and bridges. The plan additionally provides exemptions for emergency autos and folks with disabilities, whereas low-income drivers can qualify for 50% reductions after ten month-to-month journeys.

For-hire car passengers pays surcharges starting from 75 cents for taxis to $1.50 for rideshare companies like Uber Applied sciences Inc. UBER and Lyft Inc. LYFT.

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