taxi
A taxi, also known as a cab, is a vehicle licensed to transport passengers between locations for a fare. Taxis are typically used on a shared or private basis, with the fare calculated either by a taximeter that measures distance and time, or by a prearranged price. Most taxis operate through a dispatch system that may involve street hail, taxi stands, phone bookings, or digital platforms.
History and development have seen taxis evolve from horse-drawn hackneys in the 17th–19th centuries to motorized
Regulation and licensing vary by jurisdiction. Authorities set vehicle safety standards, driver qualifications, insurance requirements, fare
Competition and trends include the rise of ride-hailing apps that offer app-based booking and dynamic pricing,