Uber Technologies and charging provider Revel have announced a new strategic partnership in which the rideshare network will financially support the latter in expanding its charging infrastructure in exchange for exclusive charging discounts for its drivers. The perks will start in New York City with plans to expand Revel chargers and discounts to other major cities across the US.
Everyone already knows Uber, so we will start with a quick refresher course on Revel. The Brooklyn-based EV charging startup was founded in 2018 and is focused on all-electric taxi fleets and the charging infrastructure necessary to support them.
The company is easily recognizable by its sky blue Tesla Model Ys and Kia Niro EVs driving around the Big Apple. In November 2022, Revel shared intentions to expand its network of fast chargers outside of New York City into other major metropolitan areas in the US.
Today, the startup has announced a unique partnership with the biggest name in rideshares, Uber, to help expedite that process in exchange for charging support for its drivers.
Revel to offer Uber drivers 25% discount in multi-year deal
The new partners shared details of their multi-year strategic partnership this morning, in which Uber drivers gain access to Revels 250 fast chargers currently operating around New York City at a discount that varies based on a driver’s status in the network.
As part of this exclusive deal, Uber says it will provide a “financial commitment” to Revel as a utilization guarantee up to certain levels to support existing and future EV chargers in NYC. Furthermore, Uber will share its aggregated data to help the charging startup determine the best locations for future EV charging stations. Andrew Macdonald, Senior Vice President of Mobility and Business Operations at Uber, elaborated:
Tackling urban charging deserts is an important part of building an all-electric future. Since our earliest days, Uber has proudly served underserved communities with rides and earning opportunities and we are thrilled to continue that progress in partnership with Revel to ensure the next wave of charging infrastructure in New York City serves EV drivers and city residents alike.
With the partnership in place, Uber drivers become eligible for charging rate discounts of up to 25% on Revel’s network. Those discounts are determined by a driver’s given status in Uber Pro – the rideshare company’s rewards program for drivers. Revel says the discount will apply to its per kWh retail charging rates.
Revel’s charging sites around New York City are public and available 24/7, and the startup only charges drivers for the charging itself, with no fees for access or parking, enabling Uber drivers to get in and out more quickly and get back to making money.
Revel currently operates the three largest fast charging stations in New York City but intends to extend its reach to more neighborhoods in need. Not to mention more large cities around the US. Per Revel co-founder and CEO Frank Reig:
Together, Revel and Uber are showing how to accelerate EV infrastructure in the hardest to build places, dense cities. With Uber’s guarantee of demand at our sites, we’ll be able to expand our public charging network faster first here in New York and soon in other big rideshare markets like San Francisco, Los Angeles, Chicago, Boston and more.
Revel is currently working on a previously announced EV charging station near LaGuardia Airport, which will include 48 fast charger piles adjacent to the area’s designated “for-hire” waiting area. When complete, it will be the largest public fast charging station by any airport in the US, and we expect to see Uber drivers taking full advantage of it in the future.
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LiveWire, the electric motorcycle brand spun out of Harley-Davidson, has just announced its latest electric motorcycle model. The new LiveWire S2 Alpanista is built on the same platform as the brand’s last two models, leveraging the Arrow platform as a versatile foundation for several diverse bikes.
The Arrow platform first received its debut with the LiveWire S2 Del Mar, which was then followed by the S2 Mulholland.
LiveWire announced that a high-performance electric maxi-scooter would be produced on the Arrow platform, but not before the company rolled out the S2 Alpinista. “The Alpinista is LiveWire’s first sport standard,” explained the company, “equipped with 17” wheels and tires, blending the best of street, sport, and hyper-tourer characteristics.”
The recently unveiled S2 Alpinista is mechanically quite similar to the two previous models sharing the platform. The 10.5 kWh battery that serves as the main structure of the bike will offer a maximum range of 120 miles (193 km) per charge under city riding conditions. It can be recharged with a Level 2 charger from 20-80% in just 1 hour and 20 minutes.
The 433 lb (196 kg) bike can achieve a 0-60 mph (0-96 km/h) time of just 3.0 seconds, thanks to its powerful 63 kW (84 hp) motor. The S2 Alpinista can also reach an electronically limited top speed of 99 mph (159 km/h).
Priced at US $15,999 and already available at LiveWire dealerships in North America and Europe, the S2 Alpinista officially becomes the most affordable LiveWire electric motorcycle available to date, undercutting the $16,249 S2 Del Mar electric street tracker and the $16,499 Mulholland electric sport cruiser.
“Alpinista reimagines the S2 by combining the urban agility of a supermoto with the do-it-all nature of a touring bike, creating a practical and thrilling sport standard,” explained the brand.
The smaller 17″ wheels help reduce the seat height of the bike, and combined with the Dunlop Roadsmart IV tires, the street-optimized bike is ideal for “both daily commutes and spirited rides through winding roads.”
The S2 Alpinista comes with 6-axis IMU from Bosch providing cornering-enhanced antilock braking and cornering-enhanced traction control systems, in addition to four preset ride modes and two custom modes.
Now the third model launched on the Arrow platform, the S2 Alpanista underscores the versatility of LiveWire’s workhorse. The approach was intended to allow the e-motorcycle offshoot to quickly innovate with multiple styles of motorcycles all sharing key structural and drivetrain components. The move has largely been seen as an engineering success, with three models hitting the road in under three years. However, sales have yet to reach targets set by LiveWire as the more premium electric motorcycle industry has experienced a rocky few years.
As a LiveWire S2 Del Mar owner myself, I can attest to both the performance and enjoyable experience of bikes built on the platform, though I do find myself in a somewhat smaller community than LiveWire had likely hoped for. With the backing of its powerful older brother H-D, which retains a controlling stake in the company, LiveWire has enjoyed the relative freedom to cruise for its first few years and focus on motorcycle development and rollouts, with profitability hopefully coming over the horizon in due time.
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British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.
Nurphoto | Nurphoto | Getty Images
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-reduction exercise.
“Today, we have today told staff across bp that the proposed changes that have been announced to date are expected to impact around 4700 bp roles – these account for much of the anticipated reduction this year,” BP said in a statement.
“We are also reducing our contractor numbers by 3000,” the company said.
The measures, which were designed to lower costs, come after BP CEO Murray Auchincloss said last year that the company intends to deliver at least $2 billion of cash savings by the end of 2026.
BP’s workforce currently stands at around 87,800.
Shares of the company traded 1.4% higher on Thursday morning.
Strategy in focus
BP has underperformed its European rivals of late as energy market participants continue to question the firm’s investment case.
In a trading update published Tuesday, BP said weaker refinery margins and turnaround activity will deliver a $100 million to $300 million blow to its fourth-quarter profit, while further declines are expected in oil production.
The energy firm is scheduled to report quarterly and full-year earnings on Feb. 11.
BP said in the same update that it had postponed an event for investors next month so that its chief executive can fully recuperate from a “planned medical procedure.” Auchincloss was said to be “recovering well” from the procedure, which had not been previously disclosed.
The capital markets event, which had previously been scheduled to take place in New York on Feb. 11, will now take place in London on Feb. 26.
— CNBC’s Ruxandra Iordache contributed to this report.
On today’s episode of Quick Charge we explore the uncertainty around the future of EV incentives, the roles different stakeholders will play in shaping that future, and our friend Stacy Noblet from energy consulting firm ICF stops by to share her take on what lies ahead.
We’ve got a couple of different articles and studies referenced in this forward-looking interview, and I’ve done my best to link to all of them below. If I missed one, let me know in the comments.
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
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