Revel, After Disrupting Cities With Moped Chaos, Is Just Another Uber Clone Now
https://www.vice.com/en_us/article/m7bxyx/revel-after-disrupting-cities-with-moped-chaos-is-just-another-uber-clone-now
evel, the buzzy startup that burst onto the scene in 2019 by splashing distinctive black and blue electric mopeds all over New York City and raised more than $200 million in funding, is shutting down its moped-sharing business to become yet another Uber clone.
While just a few years ago, the company was touting plans to expand its e-mopeds to dozens of markets, Revel announced that it is shutting down the e-moped share program in New York and San Francisco, the two remaining cities in which it was operating, with a banner notification on its website. Between the demise of the mopeds and a brief, failed experiment with monthly e-bike rentals, Revel’s only remaining lines of business are an app-based taxi company and electric vehicle charging hubs in New York City.