New York-based Revel leverages the synergies between urban public charging and ridesharing. The company operates two public EV fast charging Superhubs, and plans to add at least 130 more plugs by the end of 2023. The company launched its electric rideshare service in 2021, and currently has a fleet of about 300 EVs, including Tesla Model Ys and Model 3s and Kia Niro EVs, delivering rides throughout the NYC area.

Senate Majority Leader Charles Schumer (D-NY) recently paid a visit to Revel’s flagship Superhub in Bedford-Stuyvesant, Brooklyn, and took a ride in one of the company’s distinctive blue EVs.

“Revel is on a new and exciting mission to build electric vehicle charging infrastructure throughout New York City and other American cities, so cars—whether they be cars like Revel’s, other rideshare vehicles, or privately owned cars—can have easy access to efficient charging,” said Senator Schumer. “The Infrastructure Investment and Jobs Act included $2.5 billion to help pay for EV charging infrastructure, and developers like Revel can utilize these funds. We also extended the $7,500 tax credit in the IRA to encourage the adoption of more electric vehicles to lessen carbon emissions.”

“As a Brooklyn-born company, we were honored to have another native of the borough, Majority Leader Schumer, take our one-millionth zero-emission ride and show how electrification is taking hold in New York City,” said Revel co-founder and CEO Frank Reig. “Thanks to the historic Inflation Reduction Act led by Senator Schumer and the Biden Administration, Revel is able to help New York and more dense US cities access EVs faster, lowering transportation emissions and improving local air quality.”

Revel is accessing IRA incentive programs to accelerate the build out of its EV fast charging network and zero-emission fleet. Specifically, Revel cited the Alternative Fuel Vehicle Refueling Property Credit, as well as the Clean Vehicle Tax Credit. Community grants from the Infrastructure Investment and Jobs Act are also helping to bring public EV infrastructure to underserved neighborhoods in dense cities.

Source: Revel