VLTA - VLTA STOCK NEWS

Volta Inc. (NYSE: VLTA) will release its fourth quarter and full year 2021 results on March 21, 2022, after market close. A conference call will take place at 5:00 p.m. ET on the same day, accessible via webcast on the Investor Relations section of their website. Domestic participants can join by calling +1-877-423-9813 and international callers can reach +1-201-689-8573. A replay will be available post-call until April 4, 2022, at 11:59 p.m. ET. Volta focuses on commerce-centric EV charging networks, aiding the transition to electric mobility.

Revere Securities LLC has initiated coverage on Volta Inc. (NYSE: VLTA) with a Buy rating and a target price of $11. The firm highlights Volta's unique business model in the electric vehicle (EV) charging station sector and identifies significant growth opportunities and anticipated incentives as key investment drivers. The report emphasizes that these factors create a compelling case for investors to consider purchasing shares of Volta Inc.

Volta Inc. (NYSE: VLTA) announced its expansion in key European markets, securing new contracts for installing DC Fast and AC charging stations in Switzerland, Germany, and France. The company celebrated its first installation in France at Key West restaurant near Annecy and partnered with Decathlon in Switzerland and Cineplex Group in Germany. Volta aims to enhance EV adoption by placing charging stations at popular locations, using behavioral science to optimize the deployment of its network.

Volta, Inc. (NYSE: VLTA) has appointed Rick Baker as Senior Vice President of Charging Solutions to enhance partnerships with commercial properties and retail locations. Baker, with over 20 years of experience in driving revenue growth and creating commercial strategies, will work closely with the Volta Media™ Network team. This leadership aims to leverage Volta's dual EV charging and digital media capabilities to connect sustainable transportation with commerce, ultimately aiming to drive business growth for partners.

Volta Inc. (NYSE: VLTA) supports the EPA's announcement of new federal greenhouse gas emissions standards aimed at significantly reducing pollution by Model Year 2026. The ambitious standards emphasize the need for an extensive EV charging network to facilitate the transition to an all-electric transportation future. Volta's AI-driven charging network aims to enhance EV adoption by providing reliable and accessible charging solutions. The company's media business also offers revenue opportunities independent of charging demand, positioning it favorably for future growth.

Volta Inc. has announced its expansion into the European market, targeting Germany, Austria, Switzerland, and France. The launch was revealed at the NOAH Conference in Zurich. Volta's unique charging stations, located at prime commercial spots, are designed to enhance customer engagement and revenue for site partners while offering EV drivers convenient charging solutions. The company's approach leverages behavioral science and machine learning to optimize infrastructure deployment, aiming to create a sustainable energy future.

Volta Inc. has appointed Katherine Bailon as the new Head of Investor Relations, enhancing its commitment to shareholder engagement following its recent NYSE listing. With over 20 years of finance experience, including a strong background in technology and green tech investment, Bailon aims to strengthen relationships with investors and effectively communicate the company's goals. Co-founder Chris Wendel and CFO Francois Chadwick commend her expertise, highlighting her potential to add significant value to Volta during a pivotal time in the electric vehicle charging sector.

CBL Properties has partnered with Volta Inc. to install electric vehicle (EV) charging stations at select properties, enhancing sustainability and customer amenities. The initiative follows a rise in electric vehicle sales, with stations set to launch at Arbor Place in Atlanta, Pearland Town Center in Houston, and Laurel Park Place in Detroit. CBL currently operates 72 EV charging stations across its portfolio, aiming to expand this offering. The construction of the new stations is already underway, reflecting CBL's commitment to integrating sustainable practices.

Volta Inc. has launched the Volta Media™ Network, a digital, location-based platform aimed at engaging consumers right before they enter shops. This initiative seeks to capitalize on the growing trend of electric vehicle usage, as electric cars are projected to become more affordable than traditional internal combustion engine vehicles in the next three years. Volta's network features high-impact digital screens that enhance brand engagement, showing measurable results such as a 44% lift in brand awareness for advertisers.