- Revel ends NYC rideshare after 4 years to focus on EV fast charging.
- Charging network utilization rose to 45%, boosted by Uber partnership.
- Plans include 400+ charging stalls across LA, NY, and SF by 2026.
Revel, once a pioneer in New York City’s electric scooter and ride-hailing scene, is officially ending its ride-hailing service to pivot entirely toward expanding its electric vehicle (EV) fast-charging business. This strategic shift reflects the company’s evolving focus on supporting the EV transition in major urban markets.
Ending Ride-Hailing After Four Years
Revel began in 2019 by renting electric scooters, then expanded into ride-hailing with a fleet of bright-blue Tesla and Kia vehicles. However, as of August 2025, the company has permanently closed its rideshare service in New York City. Users opening the Revel app now see a message thanking them for “riding with us the last 4 years,” while the website confirms the closure and highlights the renewed focus on EV fast charging.
Co-founder and CEO Frank Reig emphasized the company’s commitment to accelerating the EV transition by building crucial fast-charging infrastructure in key cities. Revel plans to sell or return its vehicle fleet and the valuable for-hire vehicle license plates attached to those cars, reportedly worth $20,000 to $25,000 each.
Growing Fast-Charging Network Utilization
Revel first launched its EV chargers in 2021, coinciding with the start of its ride-hailing operations. Early adoption was slow, with only 21% network utilization in early 2023—mostly driven by its own ride-hail fleet. By early 2025, utilization jumped to 45%, and notably, just 12% of charging usage was from Revel’s own vehicles, showing wider third-party adoption.
A major catalyst came in 2024 when Uber partnered with Revel to direct many of its drivers to use Revel’s charging stations, boosting utilization and validating the company’s charging infrastructure model.
Plans for Expansion Across Major Cities
Looking ahead, Revel aims to operate over 400 charging stalls across Los Angeles, New York, and San Francisco by the end of 2026. This aggressive growth plan underscores the company’s ambition to become a leading fast-charging provider, supporting the increasing demand for EV infrastructure in America’s largest metropolitan areas.
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Revel’s decision to exit ride-hailing and concentrate on EV charging marks a critical pivot toward sustainable transportation infrastructure. As urban EV adoption accelerates, Revel’s expanded fast-charging network is positioned to play a vital role in the green mobility revolution.
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