Engine is pleased that New York City has agreed to postpone a proposed cap on the number of for-hire vehicles in the five boroughs. As we said after the proposal was introduced, it had the potential to be especially problematic for some of the newest and smallest transportation startups in New York, and particularly for the next wave of innovators that haven't even launched yet.
We commend the Council and the Mayor's office for once again being responsive to concerns raised by the startup community. And we look forward to supporting a dialogue with startups and other stakeholders to find creative 21st century solutions to the problems of traffic and congestion.
