
image credit: Revel
EV charging infrastructure startup Revel secured a $60 million loan from New York’s clean energy investment fund NY Green Bank to more than triple its current public fast-charging network in New York City.
“In support of the transition to a clean energy economy, it is critical that we continue to build electric vehicle infrastructure to ease the shift to EV ownership for more New Yorkers, especially those in urban areas,” New York governor Kathy Hochul said. “This significant investment addresses the key need of providing electric vehicle users in New York City with much needed public charging options while reducing local emissions.”