Revel, an electric moped sharing company, will soon launch in Miami.

The company has been selected by the Miami Parking Authority from three bids to launch a shared moped company, according to Miami Today.

A total of 750 mopeds will be located at MPA parking spots throughout the city, including Brickell, downtown Miami, Midtown, Wynwood and Coconut Grove.

Rides cost $1 to unlock and 25 cents per minute, according to the company’s website. A one time screening fee of $19 will be required, for a drivers license and background check.

Top speed of the moped will be 30 miles per hour, and helmets will be required. A helmet case with two sizes is unlocked by the app and disposable hair nets are provided inside, according to the company website.

The MPA will share 5% of revenue, under the agreement. Revel was one of three bidders, with the MPA choosing the winner earlier this month. The company will open a warehouse and hire 40.

Source: The Next Miami