Revel is abandoning its roots and ending its (at instances controversial) electrical moped service New York Metropolis and San Francisco. Firm CEO and co-founder Frank Reig has despatched a company-wide e mail, considered by TechCrunch, telling workers that "the service has been strained and ridership isn't what it was." Revel has additionally sent out emails to its passengers, notifying them that the service will shut down on November 18 and inspiring them to make use of their account credit earlier than then.
It's a foul day for car-free journey in NYC. @_GoRevel is shutting down their moped enterprise in NYC and SF.@StreetsblogNYC @ShabazzStuart pic.twitter.com/UXo5RDSKrY
— Matt (@Noticeandaccept) November 3, 2023
Because the publication notes, Revel pulled the service out of its different markets in 2022, and solely has round 3,000 mopeds operational in NYC and San Francisco. A spokesperson from the corporate instructed TechCrunch that ridership has dropped by 30 % in each remaining cities year-over-year and that it's not sustainable to maintain that section of its enterprise working.
Revel briefly paused its moped service a couple of instances through the years because of security issues. In 2020, it suspended the ridesharing answer following an accident whereby two prospects had been killed whereas driving its autos. It brought back the service after implementing a compulsory in-app security take a look at and requiring riders to take a selfie of themselves sporting a helmet. Revel additionally pulled its mopeds from the Bronx for over a yr because of a string of battery thefts.
Going ahead, Revel will give attention to its EV ride-hailing service operated by worker drivers throughout the 5 boroughs of New York. It additionally plans to develop its EV fast-charging stations in New York and the Bay Space.
This text initially appeared on Engadget at https://www.engadget.com/revel-is-shutting-down-its-shared-electric-moped-service-113046594.html?src=rss
Trending Merchandise
