New York's Revel Secures $60 Million Loan for EV Charging Infrastructure Expansion

Revel, a New York-based EV charging infrastructure startup, secures a $60 million loan from NY Green Bank to expand its public fast-charging network in New York City. Governor Kathy Hochul emphasized the significance of expanding electric vehicle infrastructure, alongside New York state's mandate for all new light-duty passenger vehicles to be zero emissions vehicles by 2035.