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Volta Charging is an American
In February 2021, Volta announced a
electric vehicle infrastructure
An electric vehicle charging network is an infrastructure system of charging stations to recharge electric vehicles. Many government, car manufacturers, and charging infrastructure providers sought to create networks. the largest fast-chargi ...
company. 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. As of September 2021, the company had installed more than 2,000 charging stations in twenty-three U.S. states.
History
Volta Charging was founded inHawaii
Hawaii ( ; haw, Hawaii or ) is a state in the Western United States, located in the Pacific Ocean about from the U.S. mainland. It is the only U.S. state outside North America, the only state that is an archipelago, and the only stat ...
in 2010 by Scott Mercer and Chris Wendel. Leonardo DiCaprio was an early investor in the company.
In February 2021, Volta announced a special-purpose acquisition company
A special purpose acquisition company (SPAC; ), also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional i ...
merger with Tortoise Acquisition Company II. After completing the merger, Volta went public on the New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...
on August 27, 2021. By September 2021, the company had installed more than 2,000 charging stations in twenty-three U.S. states. In November 2021, Volta partnered with Topgolf
Topgolf is a golf driving range game with electronically tracked golfballs and automatically scored drives that started in 2000 and grew to become a multinational sports entertainment company. Headquartered in Dallas, Texas, it has locations i ...
to install charging stations at Topgolf entertainment centers across the United States. In the third financial quarter of 2021, Volta's revenues increased 77 percent year-over-year to $8.5 million.
See also
*Charging station
A charging station, also known as a charge point or electric vehicle supply equipment (EVSE), is a piece of equipment that supplies electrical power for charging plug-in electric vehicles (including electric cars, electric trucks, electric ...
* Plug-in vehicle
*Plug-in hybrid vehicle
A plug-in hybrid electric vehicle (PHEV) is a hybrid electric vehicle whose battery pack can be recharged by plugging a charging cable into an external electric power source, in addition to internally by its on-board internal combustion engine ...
References
External links
* {{Finance links , name = Volta Charging, LLC , symbol = VLTA , reuters = , bloomberg = , sec_cik = VLTA , yahoo = VLTA , google = VLTA Electric vehicle infrastructure developers American companies established in 2010 Special-purpose acquisition companies Electronics companies established in 2010 Companies listed on the New York Stock Exchange Companies based in San Francisco 2010 establishments in Hawaii