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Revel nabs $60M in New York State funding to build more EV chargers | TechCrunch

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EV charging infrastructure startup Revel secured a $60 million loan from New York’s clean energy investment fund NY Green Bank .

The funding will help Revel build out nine sites across the city that will eventually translate to 267 new fast-charging stalls by 2027 .

The company broke ground in November at its JFK site, which it expects to open in the first quarter of 2025 .

Revel is continuing to fundraise, specifically equity and debt, to build out more charging stations in California .