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The Taxicab market is a subset of the Commercial Vehicle market, which includes vehicles used for business purposes. Taxicabs are typically used for passenger transportation, and are often regulated by local governments. Taxicabs are typically owned and operated by independent drivers, or by companies that employ drivers. Taxicabs are typically identified by their distinctive yellow paint, and are often equipped with a meter to calculate fares.
Taxicab services are often used for short-distance trips, such as airport transfers, or for longer trips, such as inter-city travel. Taxicab services are often used as an alternative to public transportation, as they provide a more convenient and flexible option for travelers.
Taxicab companies vary in size and scope, ranging from small, independent operators to large, multinational corporations. Examples of companies in the Taxicab market include Uber, Lyft, Gett, and Yellow Cab. Show Less Read more