Topics
a la mode
AI
Amazon
Image Credits:Ron Adar/SOPA Images/LightRocket via Getty Images / Getty Images
Apps
Biotech & Health
Climate
Image Credits:Ron Adar/SOPA Images/LightRocket via Getty Images / Getty Images
Cloud Computing
mercantilism
Crypto
Enterprise
EVs
Fintech
fund-raise
Gadgets
Gaming
Government & Policy
Hardware
layoff
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
Social
place
Startups
TikTok
fare
speculation
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
touch Us
electrical mobility startupRevelis formally shut down its shared mop up business organisation in New York City and San Francisco , according to a company - blanket e-mail that CEO and co - founder Frank Reig sent Friday . TechCrunch has consider the email .
San Francisco and New York were Revel ’s last two moped share-out markets . The caller will now focus solely on its galvanic ride - hail and EV charging business . Earlier this week , Revel launched its third so - called “ Superhub ” in Queens after unveiling asecond one in Brooklyn in April . A revelry spokesperson told TechCrunch the society also expects to break basis on a Bay Area charge place soon .
Shuttering mopeds represents the end of an era for Revel — the Brooklyn - based company father its starting signal as a little Bushwick shopfront with 68 electrical mopeds in 2018.By 2021 , Revel had more than 3,000 tocopherol - mopeds in New York City and another 3,000 across Washington , D.C. , Miami and San Francisco .
That same year , revelry launch itsfirst Superhub in Brooklyn , started anall - Tesla , all - employee ride - hailing service , and opened ( and quietly shut down)an e - bike subscription service . Now the ride - hail service is 500 EVs solid — made up of Tesla Model Ys and 3s and Kia Niros — and is useable across New York City and parts of northern New Jersey , including to and from La Guardia , JFK and Newark aerodrome .
As Revel ’s other business organisation units get , requirement for its shared micromobility offer begin to dip . In his memorandum to staff , Reig described how “ the service has been strained and ridership is n’t what it used to be . ”
Robert Familiar , a interpreter for the caller , evidence TechCrunch that ridership dipped about 30 % in both San Francisco and New York class - over - class from peak summertime ride , making the service unsustainable .
Revel already pulled out of Washington , D.C. and Miami in November 2022 . Today , the troupe only has 3,000 moped alive across both SF and NYC markets .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
The last daytime of service will be November 18 . Revel will send the decommissioned mopeds to recycling facility in New York and the Bay Area over the next two weeks .
About 67 staff member in moped operation will be set off as a result of the closedown , and they ’ll all be eligible for severing welfare , according to Familiar . revelry will host an all - hands meeting on Tuesday to resolve any enquiry from employees .
Revel founder Frank Reig a year by and by on ride EV adoption in big cities
