Shell USA Inc., a subsidiary of Shell plc, completed its previously announced $169 million acquisition of electric vehicle (EV) charging and media company Volta Inc.
With the closing, Shell now owns and operates one of the largest public EV charging networks in the United States. Volta’s assets include an existing public EV charging network of more than 3,000 charge points at destination sites such as shopping centers, grocery stores and pharmacies across 31 U.S. states and territories, as well as a development pipeline of more than 3,400 additional charge points and capabilities to continue developing, operating and monetizing EV charging infrastructure.