theoldwizard Posted March 5, 2019 Share Posted March 5, 2019 Automakers Find It’s Hard to Make Money on Mobility, Not Cars Ford's failure to make shuttle vans catch on shows the costly challenge ahead Quote But the downfall of Chariot and its inability to find a useful place in the shifting landscape of urban transportation—or within Ford’s portfolio of non-carmaking efforts—underscores broader challenges facing automakers as they sink money into attempts to figure out the future. Does anyone think that Ford is going to make much money on bicycle sharing and renting scooters ? Quote Link to comment Share on other sites More sharing options...
jasonj80 Posted March 5, 2019 Share Posted March 5, 2019 2 minutes ago, theoldwizard said: Does anyone think that Ford is going to make much money on bicycle sharing and renting scooters ? Yes, after using them they are a great last mile solution around cities. They are also going to get crazy amounts of data from the users of them; where they go, what times they go, how long they spend there. 1 Quote Link to comment Share on other sites More sharing options...
Bob Rosadini Posted March 5, 2019 Share Posted March 5, 2019 15 minutes ago, jasonj80 said: Yes, after using them they are a great last mile solution around cities. They are also going to get crazy amounts of data from the users of them; where they go, what times they go, how long they spend there. I thought they bailed on the scooters?? Quote Link to comment Share on other sites More sharing options...
jasonj80 Posted March 5, 2019 Share Posted March 5, 2019 25 minutes ago, Bob Rosadini said: I thought they bailed on the scooters?? They bailed on Chariot the ride service, and their bike share company was purchased by Lyft. Quote Link to comment Share on other sites More sharing options...
theoldwizard Posted March 5, 2019 Author Share Posted March 5, 2019 More from that link Quote Automakers are pouring billions into new mobility ventures like robo-taxis and ride-hailing without any clear idea when they are going to make money from them. And they're paying for these huge investments with the money they make from their traditional business. “Out of all the different things that have been tried by these companies over the last several years, there’s one common thread, and that’s that nobody has actually figured out how to make money on this,” said Sam Abuelsamid, senior research analyst of mobility at Navigant. “Whether you’re talking about ride-hailing, micromobility, car-sharing—none of them are profitable.” Stock holders will not be happy about that ! Quote Link to comment Share on other sites More sharing options...
jpd80 Posted March 5, 2019 Share Posted March 5, 2019 (edited) Edited March 5, 2019 by jpd80 Quote Link to comment Share on other sites More sharing options...
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