Shell is acquiring EV charging network Volta for $169 million

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Shell is acquiring EV charging network Volta for $169 million
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Shell USA is buying Volta and its over 3,000 EV chargers.

. According to the press release, the company is already planning to install another 3,400 stalls over an undisclosed period of time.Last year,in customer satisfaction for Level 2 chargers. It largely operates stations in high-traffic retail parking lots, providing free electricity for EV drivers, with revenue generated from ads displays.

Shell’s purchase marks one of very few EV charging networks in the US that are now owned by an oil and gas company. EVgo, another charging network, was once

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