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Revel will have 2k drivers early next year looks like they are going to take over from Uber.

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Nov 3, 2023·edited Nov 3, 2023Liked by AutoMarketplace

What a ripoff. What this article was missing was how much REVEL will be charging for the use of their Superhub. According to Revel’s website they charge 49¢ per kWh. NYS/NYC sales tax is 4.35¢ per kWh (8.875%) and a combined Federal excise tax and surtax fee is 3¢ per kWh for a total of 56.35¢ per kWh. A basic 2022 Tesla 3 rear-wheel drive has a range of 272 miles (Tesla website) and requires a total of 70 kWh to fully charge the battery (Energysage.com). So, in order to charge this particular EV it will cost you about $39.45. Considering you only get a 272-mile range for that price, this comes out to 14.5¢ per mile.

A conventional (non-hybrid) Toyota Camry (2022 model, front wheel drive) will get you about 35 mpg combined city and highway mileage. Considering gasoline is about $3.57 per gallon now, the dollars per mile fuel expense for this gasoline powered vehicle is 10.2¢ per mile. These numbers, of course, change for Toyota Hybrid vehicles, which can fetch as much as 50 mpg and would bring the cost per mile even lower.

You are basically paying 42% more per mile to fuel an electric vehicle if you charge at a Revel Superhub versus driving a gasoline-powered Toyota Camry. You also only get a range of 272 miles with the Model 3 RWD whereas with the Toyota it’s possible to be at about 595 miles on a full tank (17 gallons).

You will, of course, have to wait about 30 minutes to charge your Tesla 3 after you have driven to one of the very few Superhub charging stations now currently available. This, too, will take time and you better hope there is no line at the Superhub once you arrive. It goes without say (with the exception of the CBD in Manhattan), gasoline stations are everywhere in NYC and rarely is there a wait for a gasoline fill-up that will take about 1/10th of the time to charge an EV and you get at least double the mileage range per fill-up.

In my view, this is a ripoff for drivers however Revel is smart to provide these Superhub stations as they will be massive profit centers for them and their investors. Unless drivers have chargers at home, using these Revel Superhubs will be a costly and time consuming headache. Good luck, independent EV drivers.

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