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About Volta Charging
Industries
Automotive & Transportation
Consumer Goods
Company Size
51-200
Company Stage
Acquired
Total Funding
$487.7M
Headquarters
San Francisco, California
Founded
2010
Overview
Volta Charging operates a network of electric vehicle (EV) charging stations located in busy areas like shopping centers and entertainment venues. The company provides free charging to EV drivers, which is funded through advertising revenue from brands displayed on the charging stations. This model benefits property owners by attracting more visitors and enhancing customer satisfaction, as they host the charging stations at no cost. EV drivers enjoy the convenience of free charging, encouraging them to visit these locations. Volta's unique approach sets it apart from competitors by combining free charging with targeted advertising, creating a mutually beneficial situation for property owners, EV drivers, and advertisers. The goal of Volta Charging is to support the growth of electric vehicles and promote sustainable transportation solutions.
Simplify's Take
What believers are saying
- Growing demand for EV infrastructure boosts Volta's market potential and expansion opportunities.
- Advancements in digital screen technology enhance Volta's advertising effectiveness and user engagement.
- Partnerships with renewable energy providers can power stations with clean energy, attracting eco-conscious users.
What critics are saying
- Increased competition from other advertising-integrated EV charging networks may reduce Volta's market share.
- Shell's acquisition could lead to strategic changes that may alienate existing partners.
- Recent layoffs suggest potential financial instability or restructuring challenges affecting operations.
What makes Volta Charging unique
- Volta offers free EV charging funded by advertising, unlike traditional pay-per-use models.
- Strategically placed in high-traffic areas, Volta maximizes exposure for advertisers and convenience for users.
- Volta's digital screens provide targeted advertising, enhancing brand visibility at the point of purchase.
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Funding
Total Funding
$487.7M
Above
Industry Average
Funded Over
9 Rounds
Benefits
Solid compensation package
Comprehensive benefits - medical, dental, and vision
We’ve got you covered with our 401(k) plan
Feel relaxed with super generous paid-time-off
Grow with us - opportunities for upward mobility
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↑ 0%2 year growth
↓ -4%Volta Charging Industries, a company that delivers EV charging, is lowering its operations, laying off 5 workers across the state.
The Volta architecture introduced new MPS capabilities.
Volta Charging Closes $35M Series C
There are always a large number of stories we put on our story sheet for writers that don’t get covered. And some of those are big stories that I wish we had covered. New UK DriveElectric Hub to Give Real-Time EV Cost and Carbon Data. As electric vehicles (EVs) get more and more popular, a lot of incorrect anti-EV hype has been proliferating, including the false claim that electric vehicles are actually dirtier than fossil-fueled vehicles. The UK has a solution — a partial solution, at least. A new DriveElectric EV hub provides real-time carbon data and cost info on electric vehicles and EV charging for businesses
Partnering with Volta Inc., a pioneer in the environmentally conscious media space, Bonterra debuted its “Cultivate the Future” campaign within Volta’s nationwide network of electric vehicle (“EV”) chargers.
There are no jobs for Volta Charging right now.
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About Volta Charging
Industries
Automotive & Transportation
Consumer Goods
Company Size
51-200
Company Stage
Acquired
Total Funding
$487.7M
Headquarters
San Francisco, California
Founded
2010
There are no jobs for Volta Charging right now.
Find jobs on Simplify and start your career today