Volta Inc.
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- Volta Inc. (NYSE: VLTA) operates a network of smart media-enabled electric vehicle charging stations primarily in the United States. The company deploys, owns, operates, and maintains Level 2 AC charging stations equipped with large-format digital advertising screens; provides installation, operation, and maintenance services; utilizes its PredictEV software tool for forecasting grid capacity, EV penetration, and charger utilization; and monetizes through advertising revenue while offering free charging to users at high-traffic destination sites including retail centers, grocery stores, pharmacies, parking lots, restaurants, schools, and universities. Volta partners with national and regional real estate owners, retailers, municipalities, and businesses across approximately 31 U.S. states and territories, serving EV drivers and advertisers targeting audiences along the path to purchase; it also sells charging stations to select partners. Founded in 2010 and headquartered in San Francisco, California, Volta went public in 2021 via a merger with Tortoise Acquisition Corp. II. Shell USA, Inc., a subsidiary of Shell plc, acquired Volta in an all-cash transaction valued at approximately $169 million in March 2023, integrating its network of over 3,000 charge points and a development pipeline exceeding 3,400 additional points to expand Shell's public EV charging infrastructure. In August 2025, Shell announced the wind-down of Volta Charging and its Volta Media division by year-end, citing a strategic shift to high-speed paid DC charging at Shell-branded sites, which includes dismantling over 2,000 stations and impacting around 190 employees; however, in November 2025, Shell agreed to sell a substantial portion of the Volta Media Network, comprising thousands of media-enabled chargers across 34 states, to Jolt Energy Pty Ltd., with the deal expected to close on January 1, 2026.
Company News
Volta More than Doubles Springer Indicated Resource to 122.4 Mt, Ranks Among North America's Five Largest Rare Earth Deposits by M&I Tonnage*, and Delivers First Gallium Estimate
Volta Completes 2026 Drill Program with Wide Rare Earth and Gallium Intervals Across the Springer Rare Earth-Gallium Deposit and Identifies Niobium as a Potential Additional Critical Metal
Volta Drills 165.3m of 1.36% Total Rare Earth Oxides ("TREO") and 81.3 g/t Gallium Oxide at Springer
CEO.CA's Inside the Boardroom: Volta Metals to Release First Gallium Resource in North America
Volta Drills 7.37% Rare Earth Oxide and 252.7 g/t Gallium Oxide over 1.5m at Springer
Belo Sun Mining Provides Update on Proceedings Related to the Installation License for the Volta Grande Gold Project In Brazil
Volta Metals Announces Grants of Security-Based Compensation
Volta Extends Springer Rare Earth and Gallium System 275 Metres Below Modelled Open Pit, Highlighted by 5.00% TREO in Drill Hole SL26-37
Volta Metals Announces Closing of Acquisition of Claims Contiguous to the Springer REE Project
Volta Consolidates Springer Land Package into a Single Contiguous Block, Securing Clear Path to 100% Ownership of Springer REE-Gallium Deposit
Volta Confirms Gallium Across Full Length of All Three Springer Drill Holes; Highlights Include 236.6 g/t Ga2O3 and 6.41% TREO
Anthropic signs $10 billion deal with AI cloud startup Volta
Anthropic inks $10B computing deal with Nvidia-backed Volta Infra
Volta Metals Announces Closing of Acquisition of Remaining 20% Interest of Its Flagship Springer Rare Earth and Gallium Deposit and Contiguous Claim
Volta Metals Announces DTC Eligibility, Allowing for Electronic Settlement of Trades in the United States
Volta Enters Agreement to Acquire Remaining 20% Interest of Its Flagship Springer Rare Earth and Gallium Deposit in Ontario, Canada
Volta Extends Land Position at Springer Top-10* North American Rare Earth Deposit; Historical Drilling on New Ground Returns up to 1.97% TREO - Remains Open for Expansion
Belo Sun Reports on New Court Proceedings Regarding the Volta Grande Gold Project
CEO.CA's Inside the Boardroom: Volta Metals Drills Unprecedented 688m of Continuous Gallium and Rare Earths
Volta's Drill Hole SL25-25 Returned 0.40% TREO and 44.5 g/t Ga2O3 over 417.8 m Including 174.7 g/t Gallium Oxide, 3.73% TREO and 5,146 g/t Neodymium Oxide over 2.2 m