Revel is shutting down its shared electric moped service

Revel is leaving behind its roots and ending its (at times controversial) electric moped service New York City and San Francisco. Company CEO and co-founder Frank Reig has sent a company-wide email, viewed by TechCrunch, telling staff that “the service has been strained and ridership isn’t what it used to be.” Revel has also sent … Read more

Lucid cuts prices on Air luxury EVs by up to $10,000

Lucid is selling several of its electric vehicle models at a discount until November 30, and as Reuters notes, it’s another sign that the EV market is going through period of slow demand in the midst of tougher competition. The automaker is now selling the 2023 Air Pure All Wheel Drive (AWD) for $74,900, down … Read more

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