With this acquisition, Shell now owns and operates one of the largest public electric vehicle charging networks in the
Volta provides Shell with an existing public charging network of more than 3,000 charge points across 31 U.S. states and territories, a development pipeline of more than 3,400 additional charge points, and capabilities to continue developing, operating and monetizing EV charging infrastructure.
While most of Volta's current revenue is generated through advertising, there are plans to increase the number of fast-charging DC outlets with a paid charging model.
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