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A Tokyo taxi driver indicating a fare of 50 Sen by holding up five fingers, in 1932. Taxis also serve a similar role to buses, supplementing the rail system, especially after midnight when most rail lines cease to operate. People moving around the city on business often choose taxis for convenience, as do people setting out in small groups.
NK operates the most popular taxi hailing mobile application in Japan, Japan Taxi. [3] Toyota invested 500 million yen in the app in 2017, followed by a second 7.5 billion investment in 2018. [ 6 ] [ 7 ] Tokyo Musen, a major rival of Nihon Kotsu in the Tokyo area, joined the app later that year in an effort to counterbalance foreign rivals such ...
As of May 2018, the JPN Taxi accounted for around 10% of Tokyo taxis, while the traditional Toyota Comfort model accounted for around 70%. By mid-2020 (as the 2020 Summer Olympics in Tokyo were postponed to mid-2021 due to the ongoing COVID-19 pandemic ), Toyota expected the JPN Taxi to account for about one third of the Tokyo fleet. [ 8 ]
Taxi fares are set by the state and city where they are permitted to operate. The fare includes the 'drop', a set amount that is tallied for getting into the taxi plus the 'per kilometer' rate as has been set by the city. The taxi meters track time as well as distance in an average taxi fare.
The farebox recovery ratio (also called fare recovery ratio, fare recovery rate or other terms) of a passenger transportation system is the fraction of operating expenses which are met by the fares paid by passengers. It is computed by dividing the system's total fare revenue by its total operating expenses. [1]
A taximeter or fare meter is a mechanical or electronic device installed in taxicabs and auto rickshaws that calculates passenger fares based on a combination of distance travelled and waiting time. Its shortened form, "taxi", is also a metonym for the hired cars that use them.
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A fare is the fee paid by a passenger for use of a public transport system: rail, bus, taxi, etc. In the case of air transport, the term airfare is often used. Fare structure is the system set up to determine how much is to be paid by various passengers using a transit vehicle at any given time. A linked trip is a trip from the origin to the ...
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