Revel specializing in building universal fast-charging stations in cities and offering Tesla rideshare and electric moped rentals, announced that it would expand its network of high-volume, public EV fast-charging Superhubs, according to Electrek.
The Brooklyn-based company will place the new Level 3 charging stations in dense US urban locations.
BlackRock Alternatives’ $50 million financing
“BlackRock’s Climate Infrastructure team has been a great partner to Revel, and today’s announcement shows just how committed they are to our shared goals.” said Revel’s co-founder and CEO, Frank Reig.
Furthermore, BlackRock Alternatives is funding the expansion with $50 million in unsecured debt through its Climate Infrastructure fund. This follows Revel’s $126 million Series B funding round announced in February and led by BlackRock.
“With BlackRock’s support, Revel is preparing a huge expansion of our Superhub network, giving cities across the country the infrastructure they need to go electric,” added Reig.
Revel’s Superhubs
Notably, Revel’s flagship Superhub is in Bedford-Stuyvesant, Brooklyn. It is North America’s largest public fast charging depot, with 25 fast chargers. The company will open further similar sites in major US cities next year.
Revel’s Superhubs will offer Level 3 charging (100 miles in under 20 minutes) to all electric vehicle brands. Drivers will pay for the charge and not for access.
Additionally, the new Superhubs will feature a significant number of stalls and at least 150 kW of charging speed.
The Superhubs are open to general customers, Revel’s Tesla rideshare fleet, light-duty delivery vehicles and third-party rideshare operators.
Electric rideshare options
In addition, Revel also offers electric rideshare options and bright blue electric mopeds for rent scattered across Brooklyn, New York.
