Revel Shifts Focus from Electric Vehicle Ride-Share to Charging Stations in New York
August 11, 2025 - 22:40
Once promising a glimpse at the possible future of transportation in New York City, Revel has decided to halt its electric vehicle ride-share operations. The company, which aimed to revolutionize urban mobility with its fleet of electric scooters and cars, is now redirecting its efforts towards the development of charging infrastructure.
This shift marks a significant change in strategy for Revel, which had garnered attention for its innovative approach to ride-sharing in a city known for its heavy traffic and pollution. The ride-share market has become increasingly competitive, and Revel's decision to pivot reflects the challenges faced by many companies in the sector.
By focusing on building charging stations, Revel aims to support the growing demand for electric vehicles and contribute to a more sustainable urban environment. The company believes that enhancing the charging infrastructure is crucial for the future of electric mobility in New York City, ultimately benefiting both consumers and the environment.
MORE NEWS
July 10, 2026 - 06:15
Gov. Kelly Ayotte signs tax credit to incentivize businesses to invest in employee childcareNew Hampshire Governor Kelly Ayotte held a ceremonial bill signing on Thursday to promote a recently enacted tax credit designed to encourage businesses to invest in childcare for their workers....
July 9, 2026 - 18:31
Topaz vs. Evoque: New head-to-head study for TTVR devices now underwayA new clinical study is now underway to directly compare two leading transcatheter tricuspid valve replacement (TTVR) systems. The trial will pit the redesigned Topaz device from TRiCares against...
July 9, 2026 - 02:11
West Orange School Business Administrator on Paid Leave After $13.5M DeficitThe West Orange school district has placed its business administrator on paid administrative leave after the discovery of a $13.5 million budget deficit, according to documents released to...
July 8, 2026 - 04:18
State Establishes NC Economic Forecasting Initiative at UNC Kenan-Flagler Business SchoolThe North Carolina General Assembly has set aside $3 million to create the North Carolina Economic Forecasting Initiative, or NCEFI. The money, drawn from the state budget for the 2026-27 fiscal...