Revel ends moped sharing, focuses on EV charging and ride-hail

Revel ends moped sharing, focuses on EV charging and ride-hail

a year ago
Anonymous $HYlO-3b458

https://techcrunch.com/2023/11/03/revel-ends-moped-sharing-focuses-on-ev-charging-and-ridehail/

Electric mobility startup Revel is officially shutting down its shared moped business in New York City and San Francisco, according to a company-wide email that CEO and co-founder Frank Reig sent Friday. TechCrunch has viewed the email.

San Francisco and New York were Revel’s last two moped sharing markets. The company will now focus solely on its electric ride-hail and EV charging businesses. Earlier this week, Revel launched its third so-called “Superhub” in Queens after unveiling a second one in Brooklyn in April. A Revel spokesperson told TechCrunch the company also expects to break ground on a Bay Area charging station soon.