Revel quits its ride-hailing business and will focus entirely on EV charging in the NYC area.<\/strong><\/p>\n<\/li>\n The company has already built some of the largest charging plazas in the eastern half of the US in the five NYC boroughs, with plans for more.<\/strong><\/p>\n<\/li>\n The ride-hailing business is going through the early stages of a turn to robotaxis, but was never all that profitable to begin with even for the larger players, which Revel was not.<\/strong><\/p>\n<\/li>\n<\/ul>\n Revel may have gotten its start as a scooter company<\/a>, eventually finding its way into the ride-hailing business in the greater New York City area.<\/p>\n But it is now done with ride-hailing, which it had offered via Tesla Model Y cars (driven by humans), with the cars painted in a noticeable neon blue color reminiscent of NYPD cars of the 1980s.<\/p>\n And in a way, the last few years Revel was Tesla’s NYC ride-hailing service, but without any of the autonomous or automated tech.<\/p>\n But from now on Revel will focus on something else entirely: EV charging.<\/p>\n “Moving forward, Revel will continue to grow our Fast Charging business with more sites and cities opening soon,” the company said on its website.<\/p>\n This won’t be shocking news for those who have followed the fast-moving Revel, which has already created the single largest charging plaza on the East Coast, betting on EVs finding popularity in big cities.<\/p>\n 267 Charging Stalls Coming to NYC<\/p>\n And it built more than just one station. Earlier this year Revel unveiled a $60 million plan for the NYC boroughs to build 267 charging stalls, spanning nine separate charging plazas across several boroughs.<\/p>\n As part of the plan, 30 charging stalls are being added to Greenpoint, Brooklyn; 60 stalls to a plaza in Maspeth, Queens; and 20 stalls in the Port Morris section of the Bronx\u2014all in areas that had traditionally been ignored by many charging infrastructure builders.<\/p>\n The single 60-stall complex in Maspeth will be the largest single charging station in the northeastern US.<\/p>\n Other strangely underserved areas are also due to receive significant boosts in charging opportunities with 44 stalls to be built near La Guardia airport and an additional 24 near JFK.<\/p>\n Through this blisteringly quick process Revel appears to have realized one important thing: EV charging in East Coast urban areas has been underserved for over a decade and has been woefully insufficient.<\/p>\n That’s a customer base that can be catered to.<\/p>\n Pivoting Toward Profitability?<\/p>\n Revel’s turn away from ride-sharing, as an Uber and Lyft competitor, also highlights one particular immutable characteristic about the ride-hailing and ride-sharing businesses in the US: They had been deeply unprofitable for years.<\/p>\n
![\"state](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/583c4e82accf0a306e3242a56f403e23.png\"\/)
<\/p>\n