Revel closes her horse riding work to focus on charging EV

Revel closed its service in New York City, in another axis of the company that started Electric steam bike rental in 2019. Moving forward, Revel will instead focus on emerging EV charging, which includes operating five stations in New York and one in San Francisco.

A visit to the Revel application on Monday showed a message to thank users for “riding with us in the past four years!” And announce that it “has closed our Rideshare service permanently.” Revel has repeated the same message, adding: “Go ahead, Revel will continue to develop our fast -charging work with the opening of more sites and cities soon.”

“We have made the difficult decision that the best way we can keep EV to move forward is to finish the Rideshare service and focus on building the rapid shipping infrastructure that our largest city needs to continue to continue electricity,”

It will sell Revel or returning the bright Tesla and KIA cars that make up their fleet, According to Bloomberg news. The company will also sell 165 “auto license plates for renting” attached to those vehicles, which have told Rege Bloomberg between $ 20,000 and $ 25,000 each.

Reville revealed The first charger in 2021Almost the same time I launched a horseback fleet. But the company witnessed a slow adoption in those early years of its shipping work. The company TECHRUNCH told the total use of the network in early 2023 was only 21 %, with 19 % of that of the Revel Ride fleet.

Fast forward to early 2025, this use rate has jumped to 45 %, with only 12 % of this shipping from the Revel fleet. The company got a big boost in 2024 when Uber concluded a deal Send many of its drivers to Reville’s chargers. Reville says she plans to obtain “more than 400” shipping kiosks in Los Angeles, New York and San Francisco by the end of 2026.

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