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EV Taxi Startup Revel to Lay Off Drivers for Uber-Like Gig Model

Posted on AllSides June 6th, 2024
From The Left

Revel Transit Inc., the New York-based electric vehicle ride-hailing startup, plans to lay off its driver employees and operate a gig-work model more akin to rivals Uber Technologies Inc. and Lyft Inc. Drivers affected by the change will have the option of staying on with the company as independent contractors. The move to a contractor model will be effective in September, the company said in an email Thursday to its 1,000-plus drivers. The drivers currently receive a fixed hourly rate and benefits without needing to bring their own car. Revel...

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