The state with the best education wins!

News

Ford Axes its Chariot Shuttles, Proves Mobility Is Hard

MATR Sponsor

Chariot-RTX4MJYH

Chariot has crashed. On Thursday, five years after launching and two and half years after being acquired by Ford for a reported $65 million, the app-based shuttle service announced it is rolling to a permanent stop. Transportation technology companies have never been sexier than in the past decade, but this stumble is a potent reminder that creating a profitable transportation business can be far harder than it seems.

Aarian Marshall

 

MATR Supporters

Posted in:

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.

15585

The best in Montana tech news

Get the most useful news and opportunities in tech twice a week, all for free.

15856