August 11, 2025 - 22:26
Revel has officially decided to discontinue its ride-hailing service, which aimed to compete with industry giants like Uber and Lyft. This decision comes four years after the company's initial launch in the ride-hailing market. The company has stated that it will now redirect its efforts towards expanding its electric vehicle (EV) charging infrastructure.
In light of this transition, Revel is seeking to sell or return its fleet of bright-blue Tesla and Kia electric vehicles. The shift reflects a broader trend in the transportation industry, where many companies are pivoting towards sustainable practices and technologies. Revel's move to prioritize EV charging aligns with the growing demand for charging solutions as more consumers adopt electric vehicles.
As Revel steps away from the competitive ride-hailing landscape, it aims to capitalize on the expanding market for EV infrastructure. This strategic pivot positions the company to play a significant role in the future of sustainable transportation.
September 27, 2025 - 12:52
Proposed House Bill Threatens Hemp-Derived THC Sales in North CarolinaAn appropriations bill currently under consideration in the House of Representatives aims to prohibit the sale of hemp-derived THC products in North Carolina. This legislative move has raised...
September 26, 2025 - 23:45
Michigan Business Leaders Oppose New Tax for Road RepairsMichigan business leaders are voicing strong opposition to recent legislation aimed at generating funds for road repairs, which they argue constitutes an unfair tax increase on job creators. The...
September 26, 2025 - 02:37
Vestiaire Collective Unveils First Men’s Resale Report to Boost Men's Fashion OfferingsVestiaire Collective, a prominent player in the preowned luxury fashion market, is making a significant move into the realm of men’s wear with the introduction of its inaugural resale report...
September 25, 2025 - 01:09
Optimism Grows Among Small Business Owners Regarding Economic ConditionsBusiness conditions expectations are showing signs of improvement, albeit remaining cautious, according to insights from small business owners who are often at the forefront of economic trends....