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Revel shuts down its ride-hail business to focus on EV charging

Revel shuts down its ride-hail business to focus on EV charging

image via TechCrunch

August 11, 2025, 3:33 PM

  • Revel is shifting its focus to EV charging infrastructure after shutting down its ride-hailing service in New York City.
  • The company will sell its fleet of electric vehicles and 165 for-hire vehicle license plates.
  • Revel plans to expand its fast-charging network to over 400 stalls by the end of 2026.

Revel, which initially launched with electric scooters in 2019, has closed its ride-hailing service in New York City. The company is now concentrating on its electric vehicle (EV) charging business, aiming to build fast-charging infrastructure. Revel's ride-hail fleet of Tesla and Kia vehicles will be sold off, along with the attached for-hire vehicle license plates. With a boost from a deal with Uber, Revel is aiming to have a significant expansion in its charging network by the end of 2026.

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Entities Mentioned

Frank ReigSean O’Kane

Topics Covered

Transportation

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