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Electric charging infrastructure and rideshare specialist Revel is making good on its word to deliver more EV fast charger hubs to the United States. Today, the company announced plans for five additional “Superhubs” across multiple NYC boroughs. By adding well over 100 new fast charger stalls, Revel looks to significantly bolster its network in The Big Apple and triple the amount of publicly available fast chargers in the metropolitan area.

Revel is a Brooklyn-based company that aims to accelerate EV adoption by providing the necessary infrastructure and coinciding services to help ensure the public goes electric more easily. You may recognize the name from the sky blue Tesla Model Y taxis that it started putting into operation around New York in 2021.

However, another key element of Revel’s business strategy is charging infrastructure – developing and installing level 3 chargers across populated urban areas. So far, Revel’s fast chargers have supported its fleet of over 200 Tesla taxis but are also publicly available to EV drivers looking to recharge around NYC.

To date, Revel has fewer than 30 fast charging stalls across the city but has remained public about its intentions to expand throughout New York and beyond. The company has toured its flagship Superhub in Bedford-Stuyvesant, Brooklyn, as the largest public fast-charging depot in North America, but Revel still intends to open additional hubs in 2023.

Before then however, Revel has shared plans to further expand its network of fast chargers in NYC, including a new 60 stall Superhub in Queens.

Revel charging
Source: Revel

Revel expands NYC charging network including Superhhub

Revel shared details plans today for its five new charging hubs across the five boroughs, alongside a an interactive digital map of every public fast charging station in NYC (seen above). This includes all existing charging sites (Revel and not), in addition to the five new Revel charger sites on the way. Here’s how the new sites break down:

  • 60 stalls in Maspeth, Queens
  • 30 stalls in Port Morris, The Bronx
  • 20 stalls in Red Hook, Brooklyn
  • 16 stalls at the historic Dime building in South Williamsburg, Brooklyn
  • 10 stalls at Pier 36 on the Lower East Side of Manhattan

When complete, Revel’s network of chargers in NYC will total over 160 stalls, giving the company an 80% chunk of the city’s current public fast charging infrastructure, according to data from Plugshare.

With 60 charging stalls, Revel also expects its Maspeth Superhub to become the largest public, universally-accessible fast charging station in the Western Hemisphere when complete. Additionally, the planned Bronx site will be the only public fast charger hub in the entire borough. Not bad for a small, privately owned company. Revel founder and CEO Frank Reig spoke:

The only way mass EV adoption will ever happen in New York City is if the charging infrastructure is there to support it. We need high-volume, public sites in the neighborhoods where people actually live and work, and that’s exactly what Revel is delivering with our growing Superhub network. This is the biggest fast charging expansion our city has ever seen, and it’s a huge step toward making our EV transition a reality.

Revel states that the Maspeth, Port Morris, South Williamsburg, and Lower East Side Superhubs will open to the public by the end of 2023, while the Red Hook site will follow sometime in 2024.

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RJ Scaringe continues to showcase how much more optimized the R2 design will be

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RJ Scaringe continues to showcase how much more optimized the R2 design will be

Rivian founder and CEO RJ Scaringe has posted another interesting facet into the design of the American automaker’s upcoming R2 BEVs. As you’ll see below, the Rivian R2’s body harness has been significantly reduced in size, weight, and connections to enable lower assembly costs and an overall more environmentally friendly build.

If you’re not following RJ Scaringe on social media, you’re missing out. While some CEOs shy away from social media (aside from the guy who bought Twitter to create his own toxic echo chamber), Rivian’s founder has used such platforms to share interesting company progress.

In the past month, much of Scaringe’s content has pertained to the design and development of Rivian’s upcoming R2 model, and we have been all about it. In the past two weeks, RJ has shared a peek at the company’s new Maximus drive unit and photos of the R2 validation builds on a pilot line at the automaker’s facility in Normal, Illinois.

Last week, Scaringe took to Instagram and X once again to share a better look at the inner workings of the Maximus drive unit. The unit was designed to be more compact and efficiently built to help reduce the cost-per-unit production for the Rivian R2 assembly process.

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Today, RJ posted more evidence of how much more optimized components of the R2 design will be.

R2 design
Source: @RJScaringe/Instagram

The body harness design of the R2 is significantly simpler

RJ posted the comparison image above to Instagram this afternoon, detailing just how much more streamlined the R2’s body harness design will be compared to the Gen 2 R1 BEVs. The Rivian CEO elaborated with the following caption:

The R2 harness improves massively over the R1 Gen 2 harness. Building on the backbone of our network architecture and zonal ECUs, we focused on ease of install in the plant and overall simplification through integrated design — less wires, less clips and far fewer splices!

Simplified indeed, this reimagined body harness cuts serious weight and connectors. The front section of the body harness, in particular, truly encapsulates just how streamlined the R2’s design components are becoming. A body harness pic may not be the most exciting news to the general public, but as a BEV enthusiast on the Rivian beat, it’s amazing to see, and we hope RJ will continue to post updates like this going forward.

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JPMorgan CEO Jamie Dimon says the bank will let clients buy bitcoin

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JPMorgan CEO Jamie Dimon says the bank will let clients buy bitcoin

JPMorgan Chase CEO Jamie Dimon delivers a speech during the Global Markets Conference, ahead of the Choose France summit, in Paris, on May 15, 2025.

Michel Euler | Afp | Getty Images

JPMorgan Chase is finally allowing clients to buy bitcoin. But CEO Jamie Dimon is still a skeptic.

“We are going to allow you to buy it,” Dimon said at the bank’s annual investor day on Monday. “We’re not going to custody it. We’re going to put it in statements for clients.”

The decision marks a notable step for the largest U.S. bank, particularly due to Dimon’s history of criticizing the digital currency and the crypto market broadly, and is the latest sign of bitcoin’s entry into mainstream investing. Since August, Morgan Stanley has allowed its financial advisors to pitch some spot bitcoin exchange-traded funds to qualifying clients.

Dimon made it clear that his personal view of bitcoin remains unchanged, highlighting issues like money laundering and the lack of clarity surrounding ownership, along with “the sex trafficking, the terrorism.”

“I don’t think you should smoke, but I defend your right to smoke,” Dimon said. “I defend your right to buy bitcoin.”

JPMorgan Investor Day today: Who will succeed CEO Jamie Dimon?

A JPMorgan spokesperson declined to elaborate on the bank’s specific plans for bitcoin access. Until now, the company has limited its crypto exposure primarily to futures-based products, not direct ownership of bitcoin.

When crypto valuations were soaring in 2021, Dimon dismissed bitcoin as “worthless.” He told lawmakers during a Senate hearing in late 2023 that he’s “always been deeply opposed to crypto, bitcoin, etc.,” and that, “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance.” He said at the hearing that, “If I was the government, I’d close it down.”

At the 2024 World Economic Forum in Davos, Dimon said, “Bitcoin does nothing. I call it the pet rock.” He added that, “This is the last time I’m talking about the with CNBC, so help me God.”

Read more about tech and crypto from CNBC Pro

Morgan Stanley CEO Ted Pick told CNBC at this year’s event in Davos that the investment bank is exploring ways to deepen its involvement in cryptocurrency markets, navigating the regulatory landscape under the pro-crypto administration of President Donald Trump.

Since President Trump took office in January, the Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency have rescinded their anti-crypto guidance. While banks can now custody crypto, thanks to the repeal of an accounting rule called SAB 121, they still face restrictions on working directly with crypto firms without explicit approval from the Federal Reserve.

WATCH: Dimon says his tenure is ‘up to the board’

Jamie Dimon: Tenure is 'up to the board'

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Genesis GV90 sheds camo and shows off its ultra-luxe look

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Genesis GV90 sheds camo and shows off its ultra-luxe look

Genesis is preparing to introduce its new flagship EV, the GV90. The brand’s largest, most luxurious electric SUV already looks stunning. The Genesis GV90 was spotted with less camo ahead of its debut, giving us a sneak peek of the “ultra-luxe” EV.

Genesis GV90 EV sheds camo during testing

We got our first look at the flagship Genesis model last March with the Neolun concept, a preview of its first full-size electric SUV.

Inspired by Korea’s iconic moon-shaped porcelain jars, the Neolun Concept is “the epitome of timeless design and sophisticated craftsmanship,” according to the luxury brand’s creative officer, Luc Donckerwolke. Genesis calls it “the ultra-luxe vision of luxury SUVs.”

The GV90 is not just a stunning-looking vehicle. It will also serve as a tech beacon for Genesis with Hyundai Motor’s most advanced software and tech, including a massive 24.6″ infotainment.

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This is all great, but the feature that caught the most attention was GV90’s coach doors. Ahead of its debut, we’ve seen the GV90 out in the wild for testing a few times, including with coach doors.

Genesis-full-size-electric-SUV
Genesis Neolun ultra-luxury electric SUV concept (Source: Genesis)

Genesis claims B-pillarless coach doors are now feasible in production vehicles, hinting they will be offered on the production model. However, the feature is expected to only be offered on higher-priced trims.

Most recently, the Genesis GV90 EV was caught by the folks at SH Proshots testing at the Nürburgring with notably less camo. The new images (via TheKoreanCarBlog) give us our best look at the flagship electric SUV, and it already looks like a stunner.

A few design elements, like the two-line LED headlamps, are shown, while you can see a good outline of the vehicle’s profile.

Like the concept, the GV90 appears to retain its minimalistic design shown in the Neolun concept. With an extended wheelbase, you can clearly see the size difference compared to its other EVs, like the GV60 or Electrified GV70.

The full-size electric SUV is expected to be the first Hyundai Motor model to ride on the new eM platform, which is set to replace the current E-GMP underpinning current Kia, Hyundai, and Genesis EVs.

Although production was slated to begin later this year at Hyundai’s Ulsan plant in South Korea, a recent report from The Korea Economic Daily claims Hyundai’s new development plan now calls for it to begin in June 2026.

Prices and final specs will be revealed closer to launch, but the GV90 is expected to start at around 100 million won ($80,000) in Korea. More premium trims could cost over 200 million won ($160,000).

Source: TheKoreanCarBlog, SH Proshots

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