Currently reading: Why manufacturers focusing on ride-hailing companies makes sense

Renault, BYD and Ford are all actively looking into building specific models for the likes of Uber and Lyft

When Ford CEO Jim Farley spoke of developing a ride-hailing vehicle early in June, he took aim at the king. “The Prius is not a good vehicle for shared mobility,” he said.

Farley, a former Toyota executive himself, acknowledged the hybrid hatchback’s ride-hailing positives, such as good fuel economy and decent resale value.

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