---
title: Ford Wants to Be the Next Uber
description: Ford's head of research says, "We see this as a business we want to be in."
authors:
  - name: Kara Brandeisky
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published: '2015-12-10T21:33:31.000Z'
modified: '2015-12-10T21:33:31.000Z'
section: Economy and Politics
tags:
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  - Ford
  - sharing economy
  - Uber
word_count: 150
canonical: https://money.com/ford-uber/
type: Article
source: structured-blocks
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> **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/).

![Ford Motor Co. Makes Announcement At Assembly Plant](https://img.money.com/2015/12/gettyimages-499467208.jpg)
*Ford Motor Co. signage is displayed outside the the company's Kentucky Truck Plant in Louisville, Kentucky, U.S., on Tuesday, Dec. 1, 2015.*

Ford doesn't just want to make the cars — it wants to drive you around, too.

Ford has expressed an interest to developing a ridesharing service that could serve as a competitor to Uber and Lyft, [Reuters reports.](http://www.reuters.com/article/us-ford-motor-ridesharing-idUSKBN0TT2VD20151210#zVIcQKhb6VuIOS6w.97)

"Our vision is to be a mobility service provider, beyond building a vehicle that would be in somebody else's fleet," Ken Washington, Ford's vice president of research, said. "We see this as a business we want to be in."

If so, Ford has a lot of catching up to do. Uber's latest valuation is $62.5 billion, [according to Bloomberg](http://www.bloomberg.com/news/articles/2015-12-03/uber-raises-funding-at-62-5-valuation). Meanwhile, Uber competitor Lyft's latest valuation is $4 billion, the [*New York Times* says](http://www.nytimes.com/2015/11/18/business/dealbook/lyft-said-to-seek-dollar500-million-in-funding.html).

But maybe that's why Ford is interested — its market cap is only [$55.4 billion](http://www.morningstar.com/stocks/XNYS/F/quote.html). For now at least, the company that makes the cars might be worth less than the company that tells the cars where to drive.

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