Ford’S Chariot Objectives To Fill Nyc Transit Gaps With Trip-Sharing Commute Service

Ford is expanding its recently acquired crowdsourced shuttle service called Chariot into New York City.
Once a route is set up, users check the app to see when a Chariot shuttle will next be in the area and reserve a seat.
This disparity is despite the fact that Tesla is deeply in debt and delivers just a fraction of the vehicles Ford sells in a year.
Ford has intimate knowledge of the vans it provides Chariot, so it offers the benefits of vertical integration, said Ford City Solutions group director Jessica Robinson, in an interview with CNBC.
The service will cost $4 per ride, about $1.25 more than a single one-way ride on a New York City subway or bus.

Read more on: http://www.cnbc.com