All-electric rideshare EV charging infrastructure provider Revel made good on previously announced plans to expand its network of fast charging stations around New York City. This afternoon, Revel officially opened a 24/7 public charging station at Pier 36 in Manhattan, the first of its kind in the NYC borough.
Revel is no stranger to Electrek’s homepage. The Brooklyn-based company has been helping accelerate EV adoption by providing the necessary infrastructure and coinciding services to help ensure the public goes electric more easily, particularly in New York City.
There’s no shortage of demand for sustainable rideshare options in the Big Apple, but Revel’s business strategy specializes in filling another critical need in the business—charging infrastructure. In addition to all-electric taxis, the company has been developing and installing level 3 chargers across the city to support its fleet and other EV drivers living in the city.
At the onset of this rollout, Revel had fewer than 30 fast-charging stalls at stations across NYC but shared plans to expand throughout the city and beyond. Those plans included a new 60-stall Superhub in Queens, as well as additional charging stations across the five boroughs.
Today, Revel cut the ribbon on one of these previously planned charging stations, bringing 24/7 public EV charging to Manhattan for the first time.
Revel’s current charging station locations / Source: Revel
Revel cuts ribbon on Pier 36 charging station in NYC
During a ceremony held in Manhattan this afternoon, Revel officially opened its latest charging station at Pier 35 at 299 South Street. The new site consists of ten DC fast chargers offering NACS and CCS plugs and charge rates up to 320 kW.
Like all of Revel’s EV charging stations, the Pier 36 location is open to the public and available 24/7, with no hidden fees. Revel explained that this new location is the first always-open public charging station in Manhattan, further helping support EV drivers around NYC, whether they work for a taxi service or are independent owners. Per NYC’s taxi and limousine commissioner David Do:
I can’t think of a better way to celebrate Climate Week NYC than by opening up a new EV charging hub. Every single hub from Revel and other providers makes our city cleaner, greener, healthier, and more livable. Every hub also makes it easier for for-hire drivers to switch to an EV, save on costs, and put money back in their pockets. This much-needed hub puts a new power option on the map for both TLC drivers and all New Yorkers who are already driving EVs, or considering the switch.
Do’s thoughts are important because the commission he currently leads recently released a report sharing the progress of its Green Rides Initiative. The initiative was implemented last year and made New York the first US city to mandate that all rideshare vehicles be either zero-emission or wheelchair accessible by 2030. Per the report, its progress is already two years ahead of schedule.
By implementing more public EV charging stations, Revel and other infrastructure developers are helping expedite the city’s transition to cleaner vehicles in the rideshare and livery segment. With its Pier 36 location now open, Revel’s network now consists of 64 public fast chargers, the largest in New York City.
As we mentioned before, however, Revel has plans for plenty of charging options in New York and other major metropolitan areas. The company says it intends to expand to 300 chargers in New York by the end of 2025, including opening a 60-stall station in Maspeth, Queens, and 48-stalls outside of LaGuardia Airport – which would be the largest charging station outside of an airport in all of the US. Here’s how Revel’s current and upcoming station map looks:
Current Revel charging stations
Bedford-Stuyvesant (Brooklyn) – 25 stalls
South Williamsburg (Brooklyn) – 15 stalls
Long Island City (Queens) – 14 stalls
Lower Manhattan (Pier 36) – 10 stalls
Upcoming Revel stations in NYC
LaGuardia – 48 stalls
Maspeth – 60 stalls
Red Hook – 20 stalls
South Bronx – 25 stalls
Other US cities in the works
Los Angeles
Oakland
San Francisco
San José
FTC: We use income earning auto affiliate links.More.
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021.
Handout | Via Reuters
Block jumped more than 5% on Monday, leading a rally in shares of fintech companies as analysts downplayed the threat of JPMorgan Chase’s reported plan to charge data aggregators for access to customer financial information.
The recovery followed steep declines on Friday, after Bloomberg reported that JPMorgan had circulated pricing sheets outlining potential fees for aggregators like Plaid and Yodlee, which connect fintech platforms to users’ bank data.
In a note to clients on Monday, Evercore ISI analysts said the potential new expenses were “far from a ‘business model-breaking’ cost increase.”
In addition to Block’s rise, PayPal climbed 3.5% on Monday after sliding Friday. Robinhood and Shift4 recorded modest gains.
Broader market momentum helped fuel some of the rebound. The Nasdaq closed at a record, and crypto rallied, with bitcoin climbing past $123,000. Ether, solana, and other altcoins also gained.
Evercore ISI’s analysts said that even if JPMorgan’s changes were implemented, the most immediate effect would be a slight bump in the cost of one-time account setups — perhaps 50 to 60 cents.
Morgan Stanley echoed that view, writing that any impact would be “negligible,” especially for large fintechs that rely more on debit, credit, or stored balances than bank account pulls for transactions.
PayPal doesn’t anticipate much short-term impact, according to a person with knowledge of the issue. The person, who asked not to be named in order to speak about private financial matters, noted that PayPal relies on aggregators primarily for account verification and already has long-term pricing contracts in place.
While smaller fintechs that depend heavily on automated clearing house (ACH) rails or Open Banking frameworks for onboarding and compliance may face real pressure if the fees take effect, analysts said the larger platforms are largely insulated.
The global EV market is still charging ahead. According to new numbers from global research firm Rho Motion, 9.1 million EVs were sold worldwide in the first half of 2025, up 28% compared to the same period last year. But not every region is accelerating at the same pace.
China and Europe are doing the heavy lifting
More than half of the world’s EVs this year have been bought in China. That market hit 5.5 million sales in the first six months of 2025 – a 32% jump year-over-year. Around half of new cars bought in China are now electric.
While some Chinese cities’ subsidies have dried up, Rho Motion expects momentum to pick back up later in the year as more funding is released.
In Europe, 2 million EVs were sold in the first half of the year, up 26%. Battery electric vehicle (BEV) sales also rose 26%, thanks in part to affordable models like the Renault 4 (pictured) and 5 entering the market. Plug-in hybrids (PHEVs) weren’t far behind, growing 27% year-to-date. Chinese automakers are leaning into PHEVs as a way to work around the EU’s new tariffs on BEVs.
Advertisement – scroll for more content
Spain is leading the pack with EV sales soaring 85% so far this year. Its generous MOVES III incentive program was extended in April and has kept sales strong. The UK and Germany are also seeing solid growth – 32% and 40%, respectively. France, however, is slumping. With subsidies cut, EV sales there have dropped 13%.
North America is stuck in the slow lane
Things aren’t looking quite as bright in North America. EV sales in the US, Canada, and Mexico are up just 3% so far this year.
Mexico is the one bright spot, with a 20% boost. The US is up 6%. But Canada is down a whopping 23%.
And things could get bumpier. On July 4, Trump signed Congress’s big bill into law, which axes all the Inflation Reduction Act EV tax credits. Those consumer credits for EVs now officially end on September 30.
Just over half of the EVs sold in the US this year qualified for those credits. Rho Motion predicts a rush in Q3 before the subsidies disappear – and a decline in sales after that.
Rho Motion data manager Charles Lester said, “With Trump’s latest cuts in his ‘Big Beautiful Bill,’ the US could struggle to see any growth in the EV market overall in 2025.”
The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
FTC: We use income earning auto affiliate links.More.
Lucid’s electric sedan can drive further, charge faster, and packs more advanced tech than most of the competition. That might explain why it’s leading the segment. The Lucid Air remained the best-selling luxury EV sedan in the US after widening its lead in the Q2.
The Lucid Air is America’s best-selling luxury EV sedan
The 2025 Lucid Air Pure arrived as the “World’s most efficient car” with an EPA-estimated range of 420 miles and a record 146 MPGe.
It just set a new Guinness World Record last week for the longest journey by an electric car after travelling 749 miles (1,205 km) on a single charge.
That record was set in the range-topping Lucid Air Grand Touring model, which is rated for up to 512 miles of EPA-estimated range. On the WLTP scale, it’s rated at 597 miles (960 km). Either way, it still crushed the estimates.
Advertisement – scroll for more content
According to second-quarter sales data, released by Kelley Blue Book on Monday, the Lucid Air is still America’s best-selling luxury EV.
Lucid sold 2,630 Air models in Q2, up 10% from the previous year. Through the first half of 2025, Lucid Air sales are up 17% with 5,094 units sold.
Lucid Air (Source: Lucid)
Tesla, on the other hand, only sold 1,435 Model Ss during the quarter, 71% fewer than it did in Q2 2024. Tesla Model S sales in the US are down 70% through the first half of the year at 2,715.
Although Porsche Taycan sales were up 32% with 1,064 models sold, the significantly upgraded 2025 model year was expected to see even more demand. Porsche has 2,083 Taycans in the US this year, up just 1% from 2024.
Lucid Air Pure interior (Source: Lucid)
Other luxury EV sedans, such as the BMW i5 (1,434), i7 (820), and the Mercedes EQS (498), experienced steep double-digit sales declines year-over-year.
And it’s not just electric luxury sedans. The Lucid Air is currently outselling many gas-powered vehicles in its segment.
Lucid Air (left) and Gravity (right) Source: Lucid
Lucid’s first electric SUV, the Gravity, is also rolling out. Although only five were sold in the second quarter, Lucid is quickly scaling production. Lucid aims to produce 20,000 vehicles this year, more than double the roughly 9,000 it built in 2024.
Earlier today, Lucid’s interim CEO, Marc Winterhoff, confirmed during an interview with Bloomberg that the company expects higher Gravity output in the second half of the year.
The interview was at the grand opening of Panasonic’s new battery cell plant in De Soto, Kansas. Winterhoff said Lucid will start using new cells from the facility, but not until next year.
Lucid’s CEO stressed the importance of establishing a local supply chain, as policy changes under the Trump Administration are taking effect. Lucid and Panasonic are collaborating to localize EV materials, such as graphite. Last month, Lucid secured a multi-year supply agreement with Graphite One for US-sourced Graphite.
FTC: We use income earning auto affiliate links.More.