Revel Is Reportedly Getting Out of the Moped Business

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Revel Is Reportedly Getting Out of the Moped Business
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Revel briefly shut down its NYC moped service in 2021 following two fatal crashes and fully eliminated the service in D.C. and Miami the following year.

EV startup Revel’s moped-share option is ending in both New York City and San Francisco, the company announced in a company-wide email on Friday, citing the need to focus on its ride-hail service, according to a company-wide email seen by TechCrunch. Revel added rideshare in June of last year as a more eco-friendly option for riders, starting with a fleet of 50 Teslas.

, 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.

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