Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Ford buys Chariot, makes bike-sharing deal in alt-transport push
Source: San Francisco Chronicle
Ford buys Chariot, makes bike-sharing deal in alt-transport push
By Carolyn Said and David R. Baker Updated 3:52 pm, Friday, September 9, 2016
Ford Motor Co. has seen the future — and it’s not just in cars.
“We want to change the way the world moves,” CEO Mark Fields said Friday outside San Francisco City Hall, announcing plans for bike-sharing and commuter shuttle services as Ford seeks to transform itself into a broader transportation company.
The century-old automaker will buy San Francisco shuttle startup Chariot and expand its services nationally and internationally. Ford also will team up with New York bike-sharing firm Motivate to bring its services to more cities throughout the Bay Area, with the goal of providing 7,000 bikes in the region by the end of 2018, up from the current 700. Riders will be able to access those bikes, as well as shuttles from Chariot, through an online service called FordPass.
“We’re taking a look at the whole ecosystem of moving people around,” Fields said in an interview Friday. “Cities are growing. They’re becoming more congested.”
[font size=1]-snip-[/font]
By Carolyn Said and David R. Baker Updated 3:52 pm, Friday, September 9, 2016
Ford Motor Co. has seen the future — and it’s not just in cars.
“We want to change the way the world moves,” CEO Mark Fields said Friday outside San Francisco City Hall, announcing plans for bike-sharing and commuter shuttle services as Ford seeks to transform itself into a broader transportation company.
The century-old automaker will buy San Francisco shuttle startup Chariot and expand its services nationally and internationally. Ford also will team up with New York bike-sharing firm Motivate to bring its services to more cities throughout the Bay Area, with the goal of providing 7,000 bikes in the region by the end of 2018, up from the current 700. Riders will be able to access those bikes, as well as shuttles from Chariot, through an online service called FordPass.
“We’re taking a look at the whole ecosystem of moving people around,” Fields said in an interview Friday. “Cities are growing. They’re becoming more congested.”
[font size=1]-snip-[/font]
Read more: http://www.sfgate.com/business/article/Ford-to-buy-SF-shuttle-service-Chariot-and-expand-9212829.php
