VVoltera Power provides turnkey charging infrastructure as a service for zero-emission vehicle (ZEV) fleets, owning and operating complete charging depots. It handles site acquisition, power procurement, engineering, construction, commissioning, and ongoing operations and maintenance, funding the capital expenditure and charging fleets for depot access to maximize uptime. The company delivers an end-to-end solution that combines real estate, power, hardware, software, and operations, setting it apart from providers that pass on infrastructure costs to operators. Its goal is to remove cost and execution barriers to fleet electrification and enable widespread adoption of reliable, scalable ZEV charging at scale.
Work here?Claim your company
Industries
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$159.6M
Headquarters
Culver City, California
Founded
2022
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$159.6M
Above
Industry Average
Funded Over
3 Rounds
PlayStation, Canva, Oracle and Voltera: Top tech news. September 26, 2026 Top stories of the week include the rising demand for the PlayStation 5 Pro, Canva's AI Vision event in London and EV fleet charging provider Voltera Since opening pre orders for GTA 6 on 25 June, the demand for the PlayStation 5 Pro has increased by 348% per week, according to consumer data from shopping comparison site idealo. The surge in console interest aligns with key game reveal moments. Following Rockstar's showcase on 24 August detailing GTA 6's state of Leonida, online searches for the game skyrocketed by 350%. Hype has spilled over into hardware sales as well, driving a 144% spike in PS5 Pro interest from gamers building their setups ahead of the game's 19 November launch. "People are afraid when we hear that AI has a 10% chance of killing us all within the decade... and yet the government sits by and refuses to address our fear." At Canva's AI Vision event in London, an activist briefly interrupted one of the opening panels, with footage spreading rapidly across social media. The incident highlighted ongoing public tensions over AI. "You say that this is for people, but everyday people are afraid," the protestor said. The demonstrator's passionate intervention did not happen in a vacuum. It arrived in the wake of a tumultuous period for the AI industry, where prominent AI researchers - including safety insiders from frontier labs like Anthropic - publicly warned that there is a greater than 10% chance AI "could kill all humans" in the next decade. The global AI market is shifting rapidly from speculative pilots to production-grade deployment, yet scaling these systems remains a complex challenge for enterprise technology leaders. Beyond initial experimentation, building an agentic enterprise requires orchestrating unified data architectures across disparate systems - a shift that requires moving past generic horizontal productivity toward high-impact, vertical AI workflows. Oracle is a global cloud and enterprise software leader helping organisations unify their data foundations to deploy secure, scalable AI. To drive measurable ROI, its strategy focuses on embedding autonomous agents directly into core operational processes. Here, Neil Sholay, Senior Vice President of AI and Data at Oracle, discusses how he helps enterprises bridge the gap between AI experimentation and scalable execution, turning vast data assets into high-value business outcomes. Right now, there are only two countries in the world that have fully commercialised robotaxis actively running on public roads: the US and China. According to Vandana Gombar, Senior Editor at BloombergNEF, there are currently around 10,000 autonomous vehicles (AVs) in operation, with predictions that the number will rise to 16,000 on the roads by the end of this year. "The future is right now," said Frank Reig, CEO of Voltera, an EV fleet charging infrastructure provider, during Vandana's panel at Climate Week NYC. "You just need to be in certain cities to see it. If you take an autonomous ride in Austin, Miami, Atlanta or San Francisco, most likely that vehicle came from a Voltera hub." Despite the rapid adoption in these key markets, the distribution of AV technology across the US remains starkly divided. "It's kind of bipolar, the two sides of the US right now between markets like New York and California," Frank noted, contrasting cities like San Francisco - where Waymo vehicles are a daily sight - with places like New York, where traditional, human-driven traffic still dominates. At the end of 2025, it was reported by The World Bank that more than 100 countries across the globe are operating, or at the very least developing, national digital identity systems. Governments have issued roughly five billion digital identities globally, indicating a massive shift in how citizens interact with public and private sector services. As public and private sector services digitise at scale, modern identity frameworks are becoming core national infrastructure. At the forefront of this global transition stands one country that has set the benchmark for digital citizenship since the early 2000s. Executives. * Doreen Harris President and CEO * Frank Reig CEO * Neil Sholay SVP AI and Data * Randall Winston JAG * Vandana Gombar Senior Editor - Global Policy Company Portals
Revel and Voltera are building a big EV charging network for robotaxis. EV charging companies Voltera and Revel are joining forces to build what they say will be one of the biggest fast-charging platforms in the US, focused on fleets, ride-hail drivers, and robotaxis. Once the deal closes, the combined company will operate under the Voltera name and be led by current Revel CEO Frank Reig. Discover more Autos & Vehicles Fast charging guide EV charging equipment The combined business is expected to include more than 1,000 charging stalls, either already operational or under development, across 11 major US metro areas. The companies say the focus will be on dense urban markets where commercial EV fleets, robotaxis, and ride-hail operators need reliable, fast charging. A 'natural next step' Revel is already well known for operating large public fast-charging hubs in New York City, while Voltera has focused on real estate development and EV charging infrastructure for fleets. The merger combines Revel's operating experience with Voltera's development pipeline and customer relationships. The companies say the goal is to build charging sites specifically designed for commercial operations. Incoming Voltera CEO Frank Reig said both companies have spent years building charging infrastructure for fleet operators in dense cities and that combining forces is the "natural next step" to scale faster in key markets. Current Voltera CEO Brett Hauser will step down after the transaction closes but will stay involved in a senior commercial advisory role to help support the transition. Urban EV infrastructure deployment. The merged company will be majority-owned by global investment firm EQT, while Global Infrastructure Partners, part of BlackRock and Revel's current lead sponsor, will retain a minority stake. EQT partner Erwin Thompson said urban transportation electrification is one of the biggest infrastructure buildouts this decade, and that companies that move early in the right markets could end up dominating the sector. Discover more Power Supplies charging infrastructure The combined company says it plans to focus on fewer, higher-value urban markets rather than trying to expand everywhere at once. Alongside EV charging for robotaxis and ride-hail fleets, the company says it may also expand into battery storage, energy management, and integrated fleet services. The merger comes as cities across the US race to add more charging infrastructure ahead of expected growth in electric fleets and autonomous ride-hail services. Electrek's take. This deal makes sense. Over the last year, Revel has been ramping up a strong urban fast-charging brand in the US, especially in New York City, where reliable public charging is badly needed for rideshare drivers and commercial fleets. Voltera brings the real estate and infrastructure development expertise that's critical for scaling quickly. The interesting part here is the focus on autonomous vehicles. Robotaxi companies will need dedicated, high-utilization charging hubs in cities, and that infrastructure won't look exactly like today's public charging model. Owning strategically located urban charging real estate could prove extremely valuable over the next few years as EV commercial charging needs continuously evolve. If you're looking to replace your old HVAC equipment, it's always a good idea to get quotes from a few installers. To make sure you're finding a trusted, reliable HVAC installer near you that offers competitive pricing on heat pumps, check out EnergySage. EnergySage is a free service that makes it easy for you to get a heat pump. They have pre-vetted heat pump installers competing for your business, ensuring you get high quality solutions. Plus, it's free to use! Your personalized heat pump quotes are easy to compare online and you'll get access to unbiased Energy Advisors to help you every step of the way. Get started here. - *ad FTC: We use income earning auto affiliate links. More.
Voltera and Revel today announced that they have entered into a definitive agreement to combine their businesses, creating a next-generation infrastructure p...
Voltera and Revel merge to expand urban EV charging network. May 27, 2026 | News US companies Voltera and Revel have agreed to combine their businesses to create a charging infrastructure platform focused on electric fleets and autonomous vehicles.
Voltera to merge with Revel, uniting EV charging networks. Business is building infrastructure for autonomous and ride-hail vehicles. May 26, 2026 10:17 AM, EDT Key takeaways: Private equity-backed Voltera and Revel Transit Inc. have agreed to merge their electric vehicle charging businesses to serve ride-hail cars and robotaxis across urban areas in the U.S. The combined business, which will operate under the Voltera brand and be led by Revel CEO Frank Reig, is expected to include more than 1,000 charging stalls across 11 major U.S. markets, the companies said in a statement on May 26. In addition to building infrastructure for autonomous and ride-hail vehicles, the new company "expects to explore adjacent opportunities," including fleet services, charging for non-autonomous cars, and energy management solutions such as battery storage. The merger would create a major player in the market for charging commercial fleets as cities push taxi operators to switch to reduce carbon emissions. The number of available chargers has been a key bottleneck for EV adoption, with demand expected to grow as robotaxi companies expand commercial services across the U.S. this year. Private equity group EQT AB, an existing shareholder of Palo Alto, Calif.-based Voltera, will be the majority owner of the combined company. Revel's primary investor, BlackRock Inc.'s Global Infrastructure Partners LP, will retain a stake in the new entity. The companies declined to disclose the valuation of the merged firm. The development comes nine months after Revel announced plans to wind down its money-losing rideshare operation in New York and pivot to EV charging, with ambitions to add hundreds of stalls across Los Angeles, San Francisco and New York this year. Revel counts Uber Technologies Inc. as a key partner after the ride-hail giant agreed to guarantee usage by its drivers at Revel charging stations. The companies said the merger will combine Voltera's development capabilities and customer relationships with Revel's established urban footprint and operating expertise. "The electrification of urban mobility is one of the most capital-intensive infrastructure buildouts of this decade, and the operators who move first in the right markets, and with the right assets, will define the category," said Erwin Thompson, a partner at EQT. Voltera CEO Brett Hauser will transition out of that role following the closing of the deal, and will remain at the organization in a "senior commercial advisory capacity" to ensure a smooth transition, according to the statement.
Find jobs on Simplify and start your career today
Industries
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$159.6M
Headquarters
Culver City, California
Founded
2022
Find jobs on Simplify and start your career today