NYSE: VLTA | |
Industry | Electric vehicle infrastructure |
Founded | 2010Hawaii | in
Founders |
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Headquarters | 155 de Haro Street, , United States |
Key people | Vince Cubbage (Interim CEO) Brandt Hastings (Chief Commercial Officer) Drew Lipsher (Chief Development Officer) Francois Chadwick (Chief Financial Officer) |
Parent |
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Website | voltacharging |
Volta Charging was an American electric vehicle infrastructure company. As of September 2021, the company had installed more than 2,000 charging stations in twenty-three U.S. states. [1]
Volta charging stations are compatible with all major plug-in hybrid and battery electric vehicle types in the United States and have a digital screen featuring advertisements. Generally, charging a vehicle at a Volta station is free, because Volta is supported by advertisements. [2]
On March 31, 2023, Shell USA acquired the company for approximately $169 million. [3]
Volta Charging was founded in Hawaii in 2010 by Scott Mercer and Chris Wendel. [1] [4] [5] Leonardo DiCaprio was an early investor in the company. [6] [7] [8]
In February 2021, it announced a special-purpose acquisition company merger with Tortoise Acquisition Company II. [9] After completing the merger, Volta went public on the New York Stock Exchange on August 27, 2021. [9] [10]
By September 2021, the company had installed more than 2,000 charging stations in twenty-three U.S. states. [1] In November, Volta partnered with Topgolf to install charging stations at Topgolf entertainment centers across the United States. [11]
In the third financial quarter of 2021, Volta's revenues increased 77 percent year-over-year to $8.5 million. [7] In March 2023 the company was acquired by Shell USA in an all-cash deal. [12]
Innogy SE was an energy company based in Essen, Germany. It is now merged and integrated into German energy company E.ON.
A charging station, also known as a charge point, chargepoint, or electric vehicle supply equipment (EVSE), is a power supply device that supplies electrical power for recharging plug-in electric vehicles.
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