Revel Is Reportedly Getting Out of the Moped Business

TechCrunch. Revel added rideshare in June of last year as a more eco-friendly option for riders, starting with a fleet of 50 Teslas.

WatchThe M3 MacBook Pro: Made Dark for Halloween CCShare SubtitlesOffEnglishIt appears that Revel’s shift to electric vehicles had a dismal effect on its e-moped alternative, which at one point had 6,000 vehicles across New York City, Washington, D.C., Miami, and San Francisco. In a memo to staff viewed by TechCrunch, Reig reportedly explained that “the service has been strained and ridership isn’t what it used to be.” A spokesperson told the outlet that Revel’s e-moped ridership dropped by roughly 30% since last year and it is no longer a sustainable option to keep it going.AdvertisementRevel came on the scene in 2018, introducing 68 e-mopeds in Brooklyn, New York, and although it continued to expand over the next few years, the company stopped the service briefly in 2020. AdvertisementIn 2021, Revel re-opened its moped service in Brooklyn and expanded into Manhattan, but in November of last year, it closed down its Miami and Washington, D.C. locations. The final nail in Revel’s e-moped coffin will occur on November 18 when service will apparently shut down for good and the mopeds will be sent to a recycling facility in New York and the Bay Area.

Based on reporting by gizmodo.com.