News — Revel

s Revel started out in 2018 with shared, dockless e-mopeds in Brooklyn, which later expanded to Queens, Manhattan, the Bronx and a handful of other U.S. cities. This year, the company launched a monthly e-bike subscription in New York City and announced plans to build an electric vehicle charging hub in Bed-Stuy. Now, Revel is introducing an all-electric — and all-Tesla — rideshare service in Manhattan. What once seemed like a company with an identity crisis dabbling at random with different forms of mobility is starting to come together as a calculated strategy to own the electrification infrastructure of cities,...

Electric moped-sharing startup Revel is venturing in new directions, planning to launch its own ride-hailing service in New York City using only Tesla electric vehicles, The Verge reported. The three-year-old startup operates in cities across the U.S. As it has grown, it launched an electric bike subscription service and revealed plans to build the largest EV charging station in New York City. The move may impact the city’s struggling yellow cab drivers from than Lyft or Uber, the news outlet notes. Although Revel could expand the ride-hailing service to other neighborhoods and boroughs based on demand, in the beginning it...