Revel is shutting down its New York City ride-hailing service to focus fully on EV charging. The company, which started renting electric scooters in 2019 and launched ride-hail around 2021, is now pivoting hard.
Users opening Revel’s app Monday saw a notice thanking them for four years of rides and announcing the permanent shut down of its rideshare service. Revel’s website confirmed the shift, saying they’ll “continue to grow our Fast Charging business with more sites and cities opening soon.”
Revel CEO Frank Reig explained the move directly: 
“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 will sell or return its fleet of bright-blue Tesla and Kia vehicles, plus unload the 165 for-hire vehicle license plates linked to those cars. Bloomberg notes those plates could be worth $20,000 to $25,000 each.
The pivot comes after slow early adoption for Revel’s charging network. In early 2023, the network was only 21% utilized, with 19% of that coming from Revel’s fleet. Early 2025 shows big progress — utilization hit 45%, but only 12% from its own fleet. A huge boost came in 2024 when Uber agreed to send many drivers to Revel’s chargers.
Revel plans to have over 400 charging stalls across Los Angeles, New York, and San Francisco by the end of 2026.
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