Revel shuts down ride-hailing to focus on EV charging growth

Revel ends its ride-hailing service to expand EV charging stations in major U.S. cities.
Matilda
Revel shuts down ride-hailing to focus on EV charging growth
Revel EV charging expansion after ride-hailing shutdown Revel has officially ended its ride-hailing service in New York City to fully commit to expanding its EV charging network. The company, which first launched in 2019 with electric scooter rentals, has gradually shifted its business model toward electric vehicle infrastructure. With stations already operating in New York and San Francisco, Revel aims to meet the growing demand for fast charging in major cities across the United States. This strategic move positions Revel to play a key role in accelerating the EV transition while scaling its network for broader accessibility. Image Credits:Revel Why Revel is leaving ride-hailing for EV charging The decision to shut down ride-hailing reflects Revel’s focus on building a sustainable and scalable business in the electric mobility space. According to CEO Frank Reig, the company believes investing in EV charging infrastructure is the best way to support the shift to electric transportation. …