Articles from Volta Inc.

Volta Inc. ("Volta") today announced that Shell USA, Inc., a subsidiary of Shell plc, has completed the previously announced acquisition of Volta in an all-cash transaction. The merger brings Volta's powerful dual charging and media network to Shell's established brand and seeks to unlock robust, long-term growth opportunities in electric vehicle ("EV") charging. The transaction closed after receiving various regulatory clearances and approval from Volta's stockholders.

Volta Inc. (NYSEVLTA) (“Volta”) today announced that at a special meeting of Volta stockholders held earlier today, stockholders of Volta approved the proposal to adopt the agreement and plan of merger dated as of January 17, 2023 (the “merger agreement”), under which Shell USA Inc., a subsidiary of Shell plc NYSE: SHELNYSESHEL)

Volta Inc. (NYSEVLTA) ("Volta"), an industry-leading electric vehicle (EV) charging and media company, today announced that its infrastructure planning solution, PredictEV®, now offers state and local governments data-driven insight into the travel patterns of disadvantaged community (DAC) residents to identify EV charger locations that will maximize convenience and utilization with more precision. The new feature further ensures infrastructure funds are efficiently and effectively spent as governments develop competitive applications for the Charging and Fueling Infrastructure Discretionary Grant Program that uphold the federal government's Justice40 goal.

Volta Inc. (NYSEVLTA) (“Volta”), an industry-leading electric vehicle (EV) charging and media company, today announced it will utilize its proprietary infrastructure planning service, PredictEV®, to conduct a robust EV charging needs assessment with the City of Irving, Texas.

Volta Inc. (NYSEVLTA) (“Volta”), an industry-leading electric vehicle (EV) charging and media company, today announced it will join Ad Net Zero as a founding partner for the organization’s new USA chapter. As the only digital out-of-home (DOOH) media network to become a member, Volta’s support demonstrates the company’s continued role in decarbonizing media at a time when the need for advertising leaders to curb emissions while driving sales has never been more pronounced.

Volta Inc. (NYSEVLTA) today announced the execution of a definitive merger agreement under which Shell USA Inc., a subsidiary of Shell plc NYSE: SHELNYSESHEL)

Volta Inc. (NYSE: VLTA, VLTA WS) (“Volta'' or the “Company”), an industry-leading electric vehicle (“EV”) charging and media company, today announced that it received notice from the New York Stock Exchange (the “NYSE”) that the Company’s Class A Common Stock is not in compliance with the NYSE’s continued listing standard because the average closing price was less than $1.00 over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company’s Class A Common Stock from the NYSE.

Volta Inc. (NYSEVLTA) (“Volta”), an industry-leading electric vehicle (EV) charging and media company, today announced that a project application it collaborated on with Imagen Energy, LLC (“Imagen”), a developer of compact high-power EV chargers, was awarded a grant from the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E). The project seeks to develop and commercialize the next generation of domestically manufactured DC Fast Charging (DCFC) technology in support of the federal government’s clean energy and climate priorities.

Volta Inc. (NYSE: VLTA, VLTA WS) (“Volta” or the “Company”), an industry-leading electric vehicle (“EV”) charging and media company, today announced financial results for its third quarter ended September 30, 2022.

Volta Inc. (NYSEVLTA) ("Volta"), an industry-leading electric vehicle ("EV") charging and media company, today announced the findings of its second annual Climate Conscious Consumer study, which tracks how our climate influences consumer spending, what environmentally-conscious consumers desire from advertisers, and how drivers are thinking about EVs. The study is based on responses from 997 Americans representative of the U.S. adult population gathered in September 2022 by F’inn, a leading independent research firm.

Volta Inc. ("Volta" or "the Company") (NYSEVLTA) today announced that the Company will host its third quarter 2022 earnings conference call on Monday, November 14, 2022, at 5:00 p.m. (Eastern Time).

Volta Inc. (NYSEVLTA) ("Volta"), an industry-leading electric vehicle ("EV") charging and media company, today unveiled its Get Out The Vote campaign that is running across the entire Volta Media™ Network ahead of the U.S. Midterm Elections. This campaign is the latest example of Volta's commitment to using its media network to provide consumers and communities with impactful, engaging content that elevates critical messages and drives positive change.

Volta Inc. (NYSEVLTA) ("Volta"), an industry-leading electric vehicle ("EV") charging and media company, today announced that its infrastructure planning platform, PredictEV®, now offers state and local governments the ability to precisely identify optimal charger locations and charging speeds in disadvantaged communities. This analytical capability aligns with the federal government's Justice40 goal, which seeks to ensure that 40 percent of the overall benefits of certain federal investments, including the $7.5 billion allocated to EV charging infrastructure under the Bipartisan Infrastructure Law (BIL), flow to disadvantaged communities.

Volta Inc. (NYSEVLTA) announced the next step in its organizational realignment today. In addition to the efforts previously announced, Volta is instituting a furlough program designed to reduce costs further and focus the Company's resources on key strategic priorities. Volta has decreased 54% of U.S. full-time employees through this and other workforce reductions that began in Q2 2022. Inclusive of these latest efforts, this continued strategic focus will result in a 43% reduction in cash SG&A.

Volta Inc. (NYSEVLTA) ("Volta"), an industry-leading electric vehicle ("EV") charging and media company, announced that all advertisers now have equal and complete access to the Volta Media™ Network’s full range of programmatic inventory, regardless of which platform they use to buy media. This improvement upholds Volta’s ongoing commitment to providing the best digital out-of-home (DOOH) buying experience to further encourage integration into omni-channel and retail media campaigns.

Volta Inc. (NYSEVLTA) ("Volta"), an industry-leading electric vehicle ("EV") charging and media company, today announced the support of three-dimensional (“3D”) creative campaigns across the Volta Media™ Network. This capability furthers Volta's commitment to providing advertisers and consumers with an innovative and impactful digital media experience.

Volta Inc. (NYSEVLTA) ("Volta"), an industry-leading electric vehicle ("EV") charging and media company, today announced a collaboration with Tucson Electric Power ("TEP"), an electric utility serving more than 438,000 customers in Southern Arizona, to install critical public EV charging infrastructure in and around disadvantaged communities in the Tucson area. Volta will install eight EV charging stalls at high-traffic locations, such as grocery stores and entertainment venues, to ensure these communities have convenient and affordable charging options. These public options are especially critical for renters (nearly 40 percent of Tucson residents) and residents of multifamily housing (over 30 percent of housing in the U.S.), and others who do not have access to charging at home.1, 2

Volta Inc. (NYSEVLTA) today announced an organizational realignment to reduce costs and drive strategic priorities. This refocuses resources on accelerating the company’s successful digital advertising business, collaborating with Volta’s numerous retail and commercial property partners, and driving public-private partnerships that align with the $7.5 billion of funding the Federal government has allocated towards public EV charging infrastructure buildout under the Bipartisan Infrastructure Law.

Volta Inc. (NYSEVLTA) (“Volta”), an industry-leading electric vehicle ("EV") charging and media company, today announced the expansion of its Charging For All initiative with the launch of an evergreen educational platform displayed across the Volta Media™ Network, Volta’s social channels, and Volta’s website. This new campaign, with its “We’re all EV drivers, just some of us don’t know it yet” tagline, addresses consumers’ perceived concerns around EVs while shining a light on their numerous benefits and encouraging drivers to consider an EV for their next vehicle. Volta launched the witty yet informative creative in coordination with the start of National Drive Electric Week, but will display the campaign indefinitely demonstrating the company’s commitment to accelerating a clean transportation future.

Volta Inc. (NYSE: VLTA, VLTA WS) (“Volta” or the “Company”), an industry-leading electric vehicle (“EV”) charging and media company, today announced financial results for its second quarter ended June 30, 2022.

Volta Inc. (NYSEVLTA) (“Volta”), an industry-leading electric vehicle ("EV") charging and media company, announced today that the Volta Media™ Network has exceeded one billion monthly impressions in the United States.1 This milestone comes less than nine months after Volta formally launched its media network with 618 million monthly impressions. Volta’s ability to nearly double its reach represents the company’s commitment to expanding its dual EV charging and media network for the benefit of drivers, advertisers, commercial properties, shareholders, and ultimately the planet as it supports mainstream adoption of clean, carbon-free transportation.

Volta Inc. ("Volta" or "the Company") (NYSEVLTA), today announced that the Company will release its second quarter 2022 results after market close on Thursday, August 11, 2022, to be followed by a conference call at 6:00 p.m. (Eastern Time) on the same day.

Volta Inc. (NYSEVLTA), an industry-leading electric vehicle (“EV”) charging network powering vehicles and commerce, today announced its partnership with the City of Hoboken to install 25 conveniently located public EV charging stalls for the City’s residents, annual visitors, and commuters over the next 18 months. The addition of the new Volta charging stalls will more than double the number of public EV charging ports available in Hoboken, and Volta and the City of Hoboken may partner to bring even more chargers to the area in the future. The collaboration is a model for how EV charging infrastructure can be efficiently deployed within densely populated urban areas to maximize economic, health, and climate benefits.

Volta Inc. (NYSEVLTA), an industry-leading electric vehicle (“EV”) charging network powering vehicles and commerce, partnered with Michelin North America, Inc. (OTCMKTS: MGDDY) to bring the mobility brand’s “Motion For Life” campaign to millions of EV drivers and consumers in the U.S. The campaign showcased Michelin’s innovative tires designed to maximize EV performance, making Volta—both an EV charging and media network—the ideal platform to meaningfully reach audiences while positively impacting the environment.

Volta Inc. (NYSEVLTA), an industry-leading electric vehicle ("EV") charging network powering vehicles and commerce, today announced that its Board of Directors has further strengthened the company's Executive Team with the appointment of Michelle Kley as Executive Vice President, Chief Legal Officer, and Corporate Secretary, effective July 20, 2022, and William (Bill) Cooper as Senior Vice President, Deputy General Counsel, and Assistant Secretary, effective on or before July 18, 2022.

Volta Inc. (NYSEVLTA) an industry-leading electric vehicle ("EV") charging network powering vehicles and commerce, today announced that its Board of Directors has appointed Yifan Tang, an innovative engineering executive who has helped lead the development and commercialization of EV technologies, as Chief Technology Officer. Tang will report directly to Vince Cubbage, Interim Chief Executive Officer.

Volta Inc. (NYSEVLTA), an industry-leading electric vehicle (“EV”) charging network powering vehicles and commerce, today announced it has collaborated with The Kroger Co., America’s largest grocery retailer, to bring a mix of DC Fast and Level 2 Volta charging stations to Kroger customers nationwide. Volta has launched at 16 Kroger locations in the Atlanta and Indianapolis areas and plans to expand to Columbus, Cincinnati, Louisville, Nashville, Michigan, and Southern California throughout the year.

Volta Inc. (NYSEVLTA) an industry-leading electric vehicle ("EV") charging network powering vehicles and commerce, today announced that its Board of Directors has made several key leadership appointments and new hires to help drive the Company’s next phase of growth and operational success. The Board has appointed Vincent Cubbage as Interim Chief Executive Officer and hired Stephen Pilatzke as Chief Accounting Officer. The Board also announced today that Brandt Hastings, currently Chief Revenue Officer and Interim Chief Executive Officer, has been promoted to Chief Commercial Officer to capitalize on Volta’s growing revenue momentum and market opportunity. Additionally, Drew Lipsher, currently Chief Strategy Officer, has been promoted to Chief Development Officer.

Volta Inc. (NYSE: VLTA, VLTA WS) (“Volta” or the “Company”), an industry-leading electric vehicle (“EV”) charging network powering vehicles and commerce, today announced financial results for its fiscal first quarter ended March 31, 2022.

Volta Inc. ("Volta" or "the Company") (NYSEVLTA), today announced that the Company will release its first quarter 2022 results prior to market open on Friday, May 13, 2022, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day.

Volta Inc. (NYSEVLTA), an industry-leading electric vehicle (“EV”) charging network powering vehicles and commerce, today launched its new Store Next Door™ place-based targeting offering. This product brings the power of the Volta Media™ Network to more verticals by enabling location targeting based on the stores adjacent to Volta’s EV charging stations and media screens.

Volta Inc. (NYSEVLTA), an industry-leading electric vehicle ("EV") charging network powering vehicles and commerce, today announced its paid partnership with the Michigan Office of Future Mobility and Electrification (OFME) and DTE Energy (DTE). This marks Volta's sixth agreement with an investor-owned electric power utility and second with a state agency in support of equitable, efficient, and accelerated deployment of EV charging infrastructure.

Volta Inc. (NYSEVLTA) (the "Company") announced today that its Board of Directors appointed Brandt Hastings, Chief Revenue Officer at Volta, as interim Chief Executive Officer, effective immediately. Brandt will also retain his title as Volta's CRO. This appointment follows Scott Mercer's decision to step down as Chairman and CEO of Volta last month. The Board has commenced a formal search for a permanent CEO.

Volta Inc. (NYSE: VLTA, VLTA WS) (“Volta” or the “Company”), an industry-leading electric vehicle (“EV”) charging network powering vehicles and commerce, today announced financial results for its fourth quarter and full fiscal year ended December 31, 2021.

Volta Inc. (NYSEVLTA), an industry-leading electric vehicle (“EV”) charging network powering vehicles and commerce, revealed broader EV adoption is dependent upon highly visible EV chargers that are conveniently located at the places drivers already frequent. The findings come from a nationwide research study and go beyond price and range anxiety to understand top barriers to switching to electric:

Volta Inc. (NYSEVLTA), an industry-leading electric vehicle (“EV”) charging network powering vehicles and commerce, today announced the launch of PredictEV® Fleet, the second product within its suite of machine learning and artificial intelligence (“AI”) solutions for infrastructure planning, with a multi-year commitment from Southern Company NYSE: SONYSESO)

Volta Inc. ("Volta" or the “Company") (NYSEVLTA), an industry leading global EV charging network, powering vehicles and commerce, today announced preliminary revenues of approximately $12 million for its fourth quarter 2021, up 45% year-over-year, and revenues of $32 million for the full year ended December 31, 2021, up 66% year-over-year. Total stalls connected as of December 31, 2021 was 2,330.

Volta Inc. (NYSEVLTA) announced today that Founder Scott Mercer has resigned as Chief Executive Officer. He will continue in that role for a transitional period and will serve as an advisor to the Board through March 31, 2023 and assist the Board in a search for a new CEO.

Volta Inc. ("Volta" or "the Company") (NYSEVLTA), today announced that it will be rescheduling its fourth quarter and year end 2021 conference call once it completes the necessary review of its financial results. Today, the Company will file an amendment to its quarterly report on form 10-Q for the quarter ended September 30, 2021.

Volta Inc. (NYSEVLTA), an industry leader in commerce and people-centric electric vehicle ("EV") charging, and Tanger Factory Outlet Centers, Inc. NYSE: SKTNYSESKT)

Volta Inc. (NYSEVLTA), the industry leader in commerce and people-centric electric vehicle ("EV") charging, today provided an update on its activities in key European markets, highlighting new contracts for the installation of DC Fast and AC (Level 2) charging stations in the region, and the inaugural installation of Volta stalls at a retail location in France.

Volta, Inc. (NYSEVLTA), the industry leader in commerce and people-centric electric vehicle ("EV") charging, today announced the appointment of Rick Baker as its Senior Vice President of Charging Solutions.

Volta Inc. ("Volta"), the industry leader in commerce and people-centric electric vehicle ("EV") charging, joined in support of the Environmental Protection Agency’s (EPA) announcement this morning that takes significant strides towards an all-electric, zero-emissions transportation future. The EPA is finalizing federal greenhouse gas (GHG) emissions standards for passenger cars and light trucks that target significant pollution reductions through Model Year (MY) 2026.

Volta Inc. ("Volta"), the industry leader in commerce-centric electric vehicle (“EV”) charging, announced its expansion into the European market, with an initial focus on Germany, Austria, Switzerland, and France. The announcement was made today at the NOAH Conference in Zurich.

Volta Inc. ("Volta"), the industry leader in commerce-centric electric vehicle ("EV") charging, today announced the appointment of Katherine Bailon as its Head of Investor Relations. Following the company’s listing on the New York Stock Exchange earlier this year, Bailon's joining reinforces Volta's strong commitment to its shareholders and investors.

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, today announced the launch of the Volta Media™ Network, offering advertisers a digital, location-based network that engages consumers where they shop, simultaneously driving measurable business results and environmental impact.

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, announced the expansion of its partnership with Cinemark Theatres (“Cinemark”) to provide EV charging at select Cinemark movie theatre locations across the U.S. Cinemark moviegoers have had the opportunity to charge at Volta stations since 2018, when Cinemark installed its first EV charging location.

Volta Inc. (NYSEVLTA) ("Volta" or "the Company"), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, today announced financial results for its third quarter ended September 30, 2021.

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, today announced a partnership with Topgolf Entertainment Group, a global sports and entertainment company, to add electric charging stations to additional venues across the country. Charging stations have already been installed at select venues in Arizona, California, Georgia, Illinois, Maryland, Oregon and Texas, with additional locations planned across Arizona, California, Colorado, Georgia, Maryland, Michigan, South Carolina, Texas and Washington.

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, announced today that Volta’s network of charging stations has delivered 100 million electric miles to EV drivers across the country. The announcement marks a significant milestone in the expansion and increasing popularization of electric mobility.

October 27, 2021 – Volta Inc. ("Volta" or "the Company") (NYSEVLTA), today announced that the Company will release its third quarter 2021 results after market close on Wednesday, November 10, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, is partnering with Floor & Decor, a leading specialty retailer of hard-surface flooring, to make EV charging accessible to its customers at their warehouse stores across the United States. The charging stations are slated to be in place for customers at 8 Floor & Decor locations by the end of 2021, with more stations nationwide in 2022.

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, announced today that it has further extended its market penetration with the installation of new charging stations at Stop & Shop in Connecticut. The exact address of these charging stations is 505 N. Main Street, Southington, CT 06489.

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, today announced the issuance of two utility patents to Volta Charging by the U.S. Patent and Trademark Office; U.S. Patent numbers 11,117,482 (the ‘482), and 11,132,715 (the ‘715).

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, announced today that it has further extended its market penetration with the installation of new charging stations at Giant Food in Virginia. The exact address of these charging stations is 10653 Braddock Rd, Fairfax, Virginia 22032.

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, is partnering with Six Flags Entertainment Corporation, the world’s largest regional theme park company and the largest operator of waterparks in North America, to make EV charging accessible to its guests at their parks across the United States.

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, announced today that it has further extended its market penetration with the installation of new charging stations at AMC Theatres in Georgia. The exact address of these charging stations is 825 Lawrenceville-Suwanee Rd, Lawrenceville, Georgia 30043.

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, announced today that it has further extended its market penetration with the installation of new charging stations at Safeway in Washington. The exact address of these charging stations is 1109 Yelm Ave E, Yelm, Washington 98597.

Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks and Tortoise Acquisition Corp. II (“TortoiseCorp II”), a publicly traded special purpose acquisition company, today announced the completion of their previously announced business combination. The business combination was approved at TortoiseCorp II’s extraordinary general meeting of shareholders held on August 25, 2021 (the “Extraordinary General Meeting”). Approximately 96% of the votes cast at the Extraordinary General Meeting voted in favor of the business combination. As a result of the business combination, TortoiseCorp II was renamed “Volta Inc.”. Class A common stock and public warrants in Volta will commence trading on the New York Stock Exchange on August 27, 2021 under the ticker symbols “VLTA” and “VLTA.WS”, respectively.