VLTA - VLTA STOCK NEWS

Volta achieved third-quarter revenue of $8.5 million, marking a 77% year-over-year increase and a 22% quarter-over-quarter rise. The company reported a significant increase in Total Installed Stalls, reaching 2,137 by September 30, 2021, up 50% YoY. Key partnerships were strengthened, including agreements with Six Flags and Southern Company. Despite growth, net loss ballooned to $43.1 million, up from $14.5 million YoY, with total revenues for the year projected between $32 million and $36 million.

Volta Inc. (NYSE: VLTA) has partnered with Topgolf Entertainment Group to expand electric vehicle charging stations across the U.S. Initially implemented in seven locations, the partnership will add more stations in states including Arizona, California, Georgia, Illinois, Maryland, Oregon, and Texas. This initiative aims to enhance guest experiences while supporting the growth of EV adoption. Volta’s CEO emphasizes the importance of placing charging stations at venues where people spend time, thereby creating a seamless charging experience.

Volta Inc. (NYSE: VLTA) reached a milestone by delivering 100 million electric miles to EV drivers across its commerce-centric charging network. This achievement underscores the growing popularity of electric vehicles and Volta's commitment to electric mobility. Founded in 2010, Volta strategically places charging stations in high-traffic retail locations, enhancing customer experience and brand engagement. CEO Scott Mercer highlighted the momentum towards mass EV adoption, while investor Leonardo DiCaprio emphasized the importance of building sustainable infrastructure.

Volta Inc. (NYSE: VLTA) will announce its third quarter 2021 financial results after market close on November 10, 2021, followed by a conference call at 5:00 p.m. Eastern Time. Interested parties can access the live webcast via the Investor Relations page. A telephonic replay will be available shortly after the call. Volta focuses on building commerce-centric EV charging networks, targeting locations integral to consumer lifestyles.

Volta Inc. (NYSE: VLTA) has partnered with Floor & Decor to provide exclusive electric vehicle (EV) charging stations at select locations across the U.S. The initiative will see charging stations installed at eight Floor & Decor stores by the end of 2021, with plans for further expansion in 2022. This collaboration aims to enhance customer experience and promote environmental sustainability. Volta focuses on strategically placing charging stations where consumers spend time, driving the shift towards electric mobility.

Volta Inc. (NYSE: VLTA) has expanded its EV charging network by installing new charging stations at Stop & Shop in Southington, Connecticut. The initiative reinforces Volta's mission to integrate charging infrastructure into everyday locations where drivers spend time. The company is focused on transforming the EV fueling industry, promoting a seamless charging experience. Volta aims to capture the evolving consumer habits driven by the shift to electric vehicles, establishing itself as a leader in commerce-centric EV charging networks across the U.S.

Volta Inc. has been granted two new utility patents by the U.S. Patent and Trademark Office, enhancing its EV charging station innovations. The patents, numbers 11,117,482 and 11,132,715, focus on targeted advertising and the unique design of charging stations with articulating panels. These patents support Volta's strategy to maximize outcomes for brand and real estate partners while improving the driver experience. Volta's CEO highlights that this innovation reinforces their position as a premium partner in the EV charging market.

Volta Inc. (NYSE: VLTA) has expanded its EV charging network by installing new charging stations at Giant Food in Fairfax, Virginia. This initiative aims to enhance the convenience of electric vehicle charging by placing stations in locations where consumers already spend time, such as grocery stores. Volta continues to lead in commerce-centric EV charging solutions, emphasizing the integration of charging infrastructure into everyday routines to support the shift towards electric mobility.

Volta Inc. has announced a partnership with Six Flags Entertainment to provide electric vehicle (EV) charging stations at theme parks across the United States. This collaboration is part of Six Flags' strategy to enhance guest experiences and promote sustainability. The initial installation of charging stations will occur at Six Flags America near Washington, D.C., aimed at meeting the growing demand for EV infrastructure. Volta aims to transform the fueling industry by situating charging stations where consumers spend their time, thereby supporting the shift towards electric mobility.