Revel is forsaking 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 electronic mail, considered by TechCrunch, telling employees 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 informed TechCrunch that ridership has dropped by 30 p.c in each remaining cities year-over-year and that it's now not sustainable to maintain that phase of its enterprise working.
Revel quickly paused its moped service just a few instances through the years attributable to security issues. In 2020, it suspended the ridesharing resolution following an accident whereby two prospects had been killed whereas using 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 12 months attributable to a string of battery thefts.
Going ahead, Revel will concentrate on its EV ride-hailing service operated by worker drivers throughout the 5 boroughs of New York. It additionally plans to increase 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
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