Revel shuts down its ride-hail business to focus on EV charging
Ride-Sharing Startup Revel Calls it Quits, Seeks New Home for Electric Fleet
Four Years After Launch, Company Pivots Away From Ride-Hailing Focus
Revel, the ride-sharing startup that challenged Uber and Lyft with its fleet of bright-blue Tesla and Kia EVs, has announced its exit from the market. After four years of operation, Revel is now looking to sell or return its electric vehicles as it pivots away from its initial focus on ride-hailing.
The company's decision marks a significant shift in the competitive landscape for ride-sharing services.