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Revel shuts down its ride-hail business to focus on EV charging
Revel has abandoned its small Uber and Lyft competitor four years after it started, and is looking to sell or return its bright-blue Tesla and Kia EVs.
“We have made the difficult decision that the best way we can keep the EV transition moving forward is by ending our rideshare service and focusing on building the fast charging infrastructure our biggest cities need to keep going electric,” Revel co-founder and CEO Frank Reig said in a statement to TechCrunch. Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
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