New York City cracked down on Uber and Lyft in 2018 , temporarily blocking any new for-hire vehicle licenses. But the rules left an exemption for electric vehicles, to encourage already licensed drivers to transition to green modes. Revel's drivers will be employees with benefits, and they will drive Revel-owned electric vehicles, rather their own gas-powered cars. New York City's mayor's office told CNN Business that electric for-hire vehicles are still for-hire vehicles, and the TLC has an obligation to protect the market. Reig told CNN Business that Revel is doing everything the city administration and TLC wants of ridehail companies.

Source: CNN May 03, 2021 13:41 UTC