Ford-Owned Shuttle Startup Chariot Is Shutting Down

Chariot, the Ford-owned transportation startup that operates commuter shuttle services in nine North American cities and internationally in London, is shutting down…

Urban mobility is a rapidly-changing market, and with change comes challenges. As more folks move away from car ownership, automakers and transportation service companies alike are vying for the next big business model. Privatized, shuttle-based transportation, a la Chariot, was one experiment in the new way to get around. Scooters, not shuttles, are the new new thing today, and Ford has already jumped into that market by acquiring Spin, a scooter service company.