Mexican Media Brands
Ford Shuts Down Chariot On-Demand Van Service
Ford Motor Co. will close Chariot, its on-demand van-sharing service, at the end of January.
Share
Ford Motor Co. will close Chariot, its on-demand van-sharing service, at the end of January.
Chariot says it will stop offering commuter service in the U.K. on Jan. 25 and in the U.S. a week later. Remaining administrative operations will end in March.
Ford paid $65 million in 2016 to buy Chariot Transit Inc., which at the time was a 2-year-old startup operating in the San Francisco area. Since then the service has been expanded to several cities in the U.S. and London.
Chariot provided commuters with low-cost rides in 14-passenger Ford Transit vans between home and public transit hubs. Single rides cost less than $4. But Ford says the business proved unsustainable.
Ali Vahabzadeh, who co-founded Chariot, quit as CEO last February but remained on the company’s board.
RELATED CONTENT
-
Kroger Tests Self-Driving Grocery Delivery Service
The Kroger Co. and Silicon Valley startup Nuro launched a pilot program for autonomous grocery delivery this week in Scottsdale, Ariz.
-
On Audi's Paint Colors, the Lexus ES 250, and a Lambo Tractor
From pitching a startup idea to BMW to how ZF is developing and using ADAS tech to a review of the Lexus ES 250 AWD to special info about additive at Toyota R&D. And lots in between.
-
Rage Against the Machine
There have been more than 20 reported attacks against Waymo’s self-driving fleet in Chandler, Ariz., since the company began testing the technology on public roads there two years ago.
