- March 26, 2023
Grab Philippines welcomed a huge crowd of Transport Network Vehicle Service (TNVS) aspirants at the second leg of its GrabCar-AVAN in Marikina last March 4.
GrabCar-AVAN is the superapp’s initiative to help fill the 4,000 TNVS slots opened by LTFRB last January 9.
Grab attributes the increase in applicants to the removal of the Certificate of Conformity among the requirements of the Land Transportation Franchising and Regulatory Board (LTFRB) for TNVS franchise application.
TNVS applicants no longer need to submit the bank-issued COC for the application of the Certificate of Public Convenience (CPC) after the passing of LTFRB’s Board Resolution No. 005 Series of 2023 last March 02.
Among the applicants during the recent GrabCar-AVAN leg was 52-year-old Gregorio Garcia. Garcia has been a GrabCar driver-partner since 2016, paying ‘boundary’ to rent a car from an operator. But thanks to Grab’s partnership with Toyota Financial Services, Garcia was able to get his own car this January, allowing him to process his TNVS franchise as the owner.
For more information on the TNVS franchise application requirements and GrabCar-AVAN, interested applicants may check this link.