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
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.
-
The Koenigsegg Jesko Has An Amazing Engine
It is hard to believe that this is a vehicle in “serial” production with such extraordinary powertrain performance
-
TRW Multi-Axis Acceleration Sensors Developed
Admittedly, this appears to be nothing more than a plastic molded part with an inserted bolt-shaped metal component.
