The New York City Taxi and Limousine Commission, which regulates the for-hire vehicles, voted on Tuesday to stop issuing new for-hire licenses for electric vehicles (EVs), essentially blocking the efforts of EV transit startup Revel to deploy 50 Teslas unless it buys 50 gasoline vehicles first and swaps their licenses for EVs. In a 5-1 vote on Tuesday, the New York City Taxi and Limousine Commission (TLC) decided to stop issuing new EV for-hire licenses due to concerns about traffic jams and the potential economic impact on the sector. “It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,” TLC Chair Aloysee Heredia Jarmoszuk said during the hearing on Tuesday, as carried by the New York Post . The news was met with dismay by Elon Musk on Twitter and […]