http://www.lta.gov.sg/content/ltaweb...r-licence.html

http://www.straitstimes.com/singapor...rs?xtor=CS3-17

According to market talk, Lion City is looking to put 1,800 new cars on the road in anticipation of growing demand.

Rival company Grab is also expected to do the same.

The two already have between them some 10,000 cars - mostly old vehicles.

But in recent months, both have started sourcing for new vehicles, and are jostling with private car owners for fresh COEs.