The Ford-owned ridesharing solution Chariot has explained its decision to cease operations in the US on 1 February and UK on 25 January and cease all operations by the end of March.
The company set out to “create a transit solution that relieves congestion while offering a comfortable, personalised commuting experience… when the world runs on smarter routes, lower costs, and better ride experiences, we’ll collectively take cars off the road and transform your twice-daily frustration into a part of your day you actually look forward to.”
However in a blog post by CEO Dan Grossman, he explains the decision was taken after “significant consideration”.
“Chariot was built on a commitment to help reduce congestion, ease the commute and improve quality of life in cities, and since our start, we have provided our customers with more than 3 million rides,” he wrote. “In addition, we helped Ford build their mobility business, and their experience with Chariot continues to inform their mobility efforts and design decisions for the future.
“In addition to our customers, our priority during this transition is to ensure we support our employees. We are thankful for their hard work and dedication to bringing Chariot to where it is today.”