Chongqing's online ride-hailing operations are facing risks: the problem of overloaded transportation capacity is highlighted

According to the Chongqing Road Transport Affairs Center, the supply of online ride-hailing services in Chongqing’s central urban area has exceeded actual demand. There is an early warning that business risks have increased, and you must be cautious when entering the industry and positions.

According to data, as of 2023 In June, there were 101,000 vehicles in Chongqing’s central urban area that had obtained online ride-hailing transportation certificates. However, the average daily total order volume for online ride-hailing services in the first half of the year was only 468,000. There are an average of 32,000 vehicles receiving orders every day, but the average daily order volume per vehicle is only 14.5 orders. The average daily revenue is about 409.5 yuan. This figure does not include the platform company’s commission and order information service fee

According to data analysis provided by the Chongqing Road Transport Affairs Center, There are an average of about 50,000 vehicles in Chongqing's central urban area every month, accounting for only 49.5% of the total number of vehicles, indicating that vehicle capacity has far exceeded actual demand. Similar situations have also appeared in other cities such as Dongguan, Sanya, Wenzhou, Jinan, Suining and other places. They have also issued online car-hailing saturation warnings, warning that the average daily order volume of each local online car-hailing car is less than 10 orders. In addition, a total of 307 online ride-hailing platform companies nationwide have obtained licenses and issued 5.229 million online ride-hailing driver licenses and 2.250 million vehicle transportation licenses. However, the number of online ride-hailing orders has not increased simultaneously, and has even declined. Trend

In order to solve the problem of imbalance between supply and demand in the online car-hailing market, the Shanghai Road Transport Development Center will suspend the acceptance of business related to online taxi booking (online car-hailing) transportation certificates starting from July 22. They said that this move is aimed at maintaining the order of the local taxi industry, protecting the legitimate rights and interests of drivers, and promoting the healthy and stable development of the industry

In the current online car-hailing market situation, online car-hailing operators and Practitioners should proceed with caution, gain a deep understanding of market demand, and rationally adjust transport capacity to ensure the sustainable development of the industry. At the same time, the government and relevant departments should also actively take measures to guide the healthy and orderly development of the online ride-hailing industry and maintain the balance and stability of the market

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