News — Ridesharing

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...