Uber said it plans to start listing all New York City taxis through its app — a surprise shift that is expected to throw a lifeline the city’s struggling yellow cabs.
A limited number of New Yorkers will be able to start hailing yellow cabs through the Uber app starting this spring before the feature rolls out fully over the summer, taxi technology provider and Uber partner Creative Mobile Technologies said in a Thursday statement.
Customers will pay roughly the same amount for taxi rides as they would for Uber X rides, Uber spokesperson Conor Ferguson confirmed to The Post.
While Uber drivers in New York aren’t able to see what a trip will pay before they decide whether to accept it, the roughly 14,000 cabbies covered by the partnership will have that option. Cabbies will be paid on the same scale as Uber drivers when they accept rides through the app, according to Uber.
“Uber has a long history of partnering with the taxi industry to provide drivers with more ways to earn and riders with another transportation option,” Andrew Macdonald, Uber’s senior vice president of mobility and business operations, said in a statement to The Post.
“Our partnerships with taxis look different around the world, and we’re excited to team up with taxi software companies CMT and Curb, which will benefit taxi drivers and all New Yorkers,” Macdonald added.
Uber stock spiked 5.3% in pre-market trading early Friday shortly after The Wall Street Journal first reported the news.
The partnership represents a dramatic shift after years of hostility between cab drivers and the ride-sharing industry.
The rise of Uber and Lyft in the 2010s contributed to the plummeting value of taxi medallions, wreaking havoc on the industry and leading to widespread cabbie protests.
Last fall, ex-Mayor Bill de Blasio’s administration reached a deal to cap medallion loans at $170,000 after a two week hunger strike from desperate cab drivers.
The deal also comes as Uber faces its own driver shortage and grapples with soaring gas prices. Adding taxis to the app could help appease customers frustrated by a lack of available vehicles.
Taxis are already available through the Uber app in several cities including Barcelona and Hong Kong.