Skip to main content
https://www.highperformancecpmgate.com/rgeesizw1?key=a9d7b2ab045c91688419e8e18a006621

Brooklyn and Queens are now flush with 1,000 of Revel’s shared electric mopeds

Revel Transit has released 1,000 of its shared electric mopeds onto the streets of Brooklyn and Queens, following the end of a nine-month pilot program in the area.

The New York-based startup pulled the original 68 mopeds it used in its limited pilot and has replaced them with new models (and hundreds more of them) built for two riders and equipped with kickstands for parking.

Revel has expanded the service as well. The pilot restricted moped movement to the Bushwick, Williamsburg or Greenpoint neighborhoods. Now, the Revel mopeds will be available in more than 20 neighborhoods in Brooklyn and Queens.

“During the nine-month pilot, we learned what worked well, what needed fixing and what users wanted from the service going forward,” Revel co-Founder and CEO Frank Reig said in a release.

Venture firm Maniv Mobility led Revel’s seed round. The company has raised $4.5 million, according to PitchBook.

The deluge of Revel mopeds comes amid a larger debate about access to transportation within New York and a specific discussion over electric stand-up scooters. Technically, scooters like the ones rented out by startups Bird and Lime are illegal in New York City.

Officials worry about safety in a crowded city, particularly Manhattan, millions of pedestrians, cyclists and cars are already jostling for space.

Before gaining access to the service, users must register on the Revel app using their driver’s license and paying a one-time $19 fee to cover a motor vehicle license check. Once approved, riders can use the app to find and unlock the nearest moped.

The mopeds, which are safety certified by the U.S. Department of Transportation and registered with the New York Department of Motor Vehicles, include insurance and a helmet.

Revel, which has opened a new 10,000-square foot operations facility in Red Hook, is also introducing a new pricing structure as part of its commercial launch. Revel used to charge a flat rate of $4 for the first 20 minutes, with an additional $0.25-per-minute charge and $0.05 a minute to pause the ride.

Under the new pricing structure, riders pay $1 to start a ride and $0.25 per minute after a free first-minute grace period, which is meant to give riders a chance to secure their helmet. If a ride includes passenger, the initial cost is $2. Riders can pause their ride for $0.10 per minute.

Revel will cut the cost by 40 percent for riders who use public assistance programs like SNAP or live in NYCHA housing.

Comments

Popular posts from this blog

Uber co-founder Garrett Camp steps back from board director role

Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve learned a lot, and realized that I’m most helpful when focused on product strategy & design, and this is where I’d like to focus going forward.” “I will continue to work with Dara [Khosrowshahi, Uber CEO] and the product and technology leadership teams to brainstorm new ideas, iterate on plans and designs, and continue to innovate at scale,” he adds. “We have a strong and diverse team in place, and I’m confident everyone will navigate well during these turbulent times.” The Canadian billionaire entrepreneur signs off by saying he’s looking forward to helping Uber “brainstorm the next big idea”. Camp hasn’t been short of ideas over his career in tech. He’s the co-founder of the web 2.0 recommendatio...

Leading VCs discuss how COVID-19 has impacted the world of digital health

In December 2019, Extra Crunch spoke to a group of investors leading the charge in health tech to discuss where they saw the most opportunity in the space leading into 2020 . At the time, respondents highlighted startups in digital therapeutics, telehealth and mental health that were improving medical practitioner efficiency or streamlining the distribution of care, amongst a variety of other digital health markets that were garnering the most attention. Where top VCs are investing in digital health In the months since, the COVID-19 crisis has debilitated national healthcare systems and the global economy. Weaknesses in healthcare systems have become clearer than ever, while startups and capital providers have struggled to operate while wide swaths of the market effectively shut down. Given significant volatility and the rapid changes seen in the worlds of healthcare, venture and startups broadly, we wanted to understand which inefficiencies might have been brought to light, w...

News-reading app Flipboard expands local coverage, including coronavirus updates, to 12 more U.S. metros

Earlier this year, personalized news aggregation app Flipboard expanded into local news . The feature brought local news, sports, real estate, weather, transportation news and more to 23 cities across the U.S. Today, Flipboard is bringing local news to 12 more U.S. metros and is adding critical coronavirus local coverage to all of the 35 supported locales. The 12 new metros include the following:  Baltimore, Charlotte, Cleveland, Detroit, Indianapolis, Nashville, Pittsburgh, Orlando, Raleigh, Salt Lake City, St. Louis, and Tampa Bay. They join the 23 cities that were already supported:  Atlanta, Austin, Boston, Chicago, Dallas, Denver, Houston, Las Vegas, Los Angeles, Miami, Minneapolis-St. Paul, New Orleans, New York City, Philadelphia, Phoenix, Portland, Sacramento, San Diego, San Francisco Bay Area, Seattle, Toronto, Vancouver and Washington, D.C. To offer local news in its app, Flipboard works with area partners, big and small, like The Plain Dealer’s Cleveland.com , ...