Grab Philippines on Tuesday said its passengers can expect faster booking this month compared to the last quarter of 2022 with the opening of more transport network vehicle service (TNVS) slots.
The ride-hailing app said the gradual and continued improvement in GrabCar’s booking reliability is traced to the growing fleet of driver-partners on the Grab platform.
As more TNVS drivers secure slots, ride availability for passengers increases, bolstering Grab’s mission to provide every Filipino commuter with a seamless and dependable mobility experience.
Since early 2023, the Land Transportation Franchising and Regulatory Board (LTFRB) has incrementally released additional TNVS slots, commencing with 4,000 slots in January.
The successful fulfillment of this initial batch in April prompted the opening of 10,300 more slots, with Grab driver-partners and other TNC players already filling half of them.
Grab continues its robust driver-onboarding campaigns to optimize the utilization of the recently opened slots, gearing up for the second half of the year.
“We commend the LTFRB for their unwavering support of the TNVS industry. At Grab, we consistently advocate for a steady increase in TNVS slots to address the demand-supply gap that arose during the pandemic,” Ronald Roda, Grab Philippines senior director for operations said.
Roda also acknowledged the LTFRB’s effort to foster a supportive environment for the TNVS industry, evident through the increasing number of slots and easing of requirements for aspiring TNVS drivers.
“More slots mean more livelihood opportunities for Filipino driver-partners, and reduced waiting time for passengers. As we enter a high-volume holiday season, we hope for a substantial growth in franchise slots in the second half of the year,” Roda said.
” This progress will empower us to deliver unparalleled reliability and cater to the fast-rising demand for seamless ride-hailing services,” he added.
