Shell USA Acquires Volta for Increased Focus on EV Charging Capabilities

Volta Inc. has executed a definitive merger agreement under which Shell USA Inc., a subsidiary of Shell plc, will acquire Volta in an all-cash transaction valued at approximately $169 million. The transaction brings Volta’s dual charging and media network to Shell’s established brand and seeks to unlock long-term growth opportunities in electric vehicle (EV) charging. […]

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