Chariot (company) explained

Chariot
Company Slogan:Solving your commute, one neighborhood at a time
Founded:2014
Headquarters:San Francisco
Ceo:Dan Grossman

Chariot was a commuter shuttle service owned by the Ford Motor Company. The company's mobile-phone application allowed passengers to ride a shuttle between home and work during commuting hours. Chariot operated in cities in the United States and Europe. New routes were determined based on demographic information and crowdsourced data.[1] [2] The company ceased shuttle operations in February 2019.

History

In March 2014, co-founders Ali Vahabzadeh and Romain Di Vuolo established Chariot after leaving their jobs at a real-estate start-up. After a summer in the nonprofit Tumml incubator, Chariot graduated from the program and expanded San Francisco coverage to the Marina, Financial District, SoMa, and Pacific Heights.[3]

On September 9, 2016, Ford CEO Mark Fields announced that the Ford Motor Company would be acquiring Chariot Transit Inc via their subsidiary Ford Smart Mobility for an undisclosed amount (reported to be $65 million[4]). In 2018 Ford Smart Mobility appointed Dan Grossman interim CEO while Ali Vahabzadeh continued to be involved in the company's progress as a board member.[5]

On January 10, 2019, Chariot announced that it would be ceasing operations as of March 2019.[6] The final day of operations was January 25, 2019, in the UK and February 1, 2019, in the US.[7]

Operation

The company operated 14-seat passenger vans along specific fixed routes, operating during weekday morning and evening commute hours only. As of June 2016, the company operated twenty-five routes.[8]

A commuter could access Chariot via a mobile web browser or its iPhone or Android mobile apps. After signing up and purchasing Chariot credits, they used the map to find a pickup stop. The commuter's boarding pass was displayed in the app in the form of a flashing code. As of May 2016, passengers had the option of pay-as-you-go; multi-ride packs of credits, such as $100 in credit for $95; or an all-access pass for $119. There were also pass packages for am-only riders or off-peak riders from $68 and $89 respectively.[9]

Chariot also offered charter and enterprise commuter services.

Cities

In the United States, Chariot operated in Austin, Texas; Chicago, Illinois; Columbus, Ohio; Denver, Colorado;[10] [11] Detroit, Michigan; Lake Tahoe, Nevada; Los Angeles, California; New York, New York; San Francisco Bay Area, California; and Seattle, Washington.[12]

In Denver, the University of Denver (DU) route was deemed a success. The other route, between downtown, Capitol Hill, and Cherry Creek gave only 110 rides over 2.5 months; the city paid $250,000 for six months of free rides on this route.[13]

In February 2018, Chariot Transit UK Ltd launched four services in Greater London in Kidbrooke, Belvedere, Battersea, and Wandsworth.[14] A fifth service to Stockley Park was proposed later in 2018. Due to poor uptake, Chariot announced that the London services would end in January 2019.[15]

External links

Notes and References

  1. Web site: Cutler . Kim-Mai. As A Cohort of Bus Startups Emerge, Chariot Looks To Source New Routes Through Crowdfunding. TechCrunch. 1 Dec 2014. 10 Nov 2014.
  2. Web site: Suzdaltsev . Jules. Crowdsourced Bus Lines: A Viable MUNI Alternative?. The Bold Italic. 1 Dec 2014. 10 Nov 2014.
  3. Web site: Brownstein . Ronald. Ronald Brownstein. Forget dating apps. These millennials want to save the world. CNN Money. 1 Dec 2014. 30 Oct 2014.
  4. http://www.businessinsider.de/ford-using-chariot-service-to-focus-on-enterprise-2018-1 Ford is making a big change to its shuttle-bus service Chariot — and it could mean a huge new business opportunity
  5. Web site: New Roads Ahead - Chariot . 2018-12-04 . https://web.archive.org/web/20181205060734/https://blog.chariot.com/2018/02/07/new-roads-ahead/ . 2018-12-05 . dead .
  6. News: Private bus company Chariot to cease operations by March. Joe. Rodriguez. January 10, 2019. San Francisco Examiner. January 10, 2019.
  7. Web site: https://web.archive.org/web/20190227031128/https://www.chariot.com/ . February 27, 2019 . Chariot . Chariot.
  8. News: In San Francisco, private transit that follows public routes — at a higher price. May 17, 2015. Associated Press. June 11, 2015. Omaha World-Herald.
  9. Web site: How SF-Based Shuttle Startup Chariot Crowdsourced Its New Commuter Route. TechCrunch. 2015-06-11. Ryan. Lawler. January 26, 2015.
  10. Web site: You can now take a 'Chariot' in Denver. 2018-10-26. KMGH. en. 2019-01-12.
  11. Web site: Denver, Transportation Solutions, Cherry Creek Business Community & Chariot Pilot New On-Demand Shuttle Service. 2018-10-25. www.denvergov.org. 2019-01-12.
  12. Web site: Chariot - Cities. www.chariot.com. 2019-01-12.
  13. News: Private 'transit' company Chariot is going out of business and so is the short-lived shuttle between Cherry Creek and downtown. Denverite. 10 January 2019 . en-US. 2019-01-12.
  14. City AM http://www.cityam.com/279709/fords-chariot-commuter-shuttle-bus-service-has-just-started
  15. News: Chowdhury . Hasan . 2019-01-11 . Ford axes e-shuttle service Chariot just two years after takeover . en-GB . The Telegraph . 2023-06-28 . 0307-1235.