Volta taps the European market

• Volta (NYSE:VLTA) expands into the European market, with an initial focus on Germany, Austria, Switzerland, and France.
• This expansion is supported by experienced local teams of EV charging hardware and software engineers, SaaS experts, and digital outdoor media sales leaders operating out of initial offices in Berlin and Paris.
• “We believe in a regenerative energy future that is clean, connected, and custom-fit to how we live our lives,” said Chris Wendel, Co-founder and President of Volta. “We’ve been honing our expertise over the past decade in the U.S., helping to catalyze one of the most significant macroeconomic shifts of our lifetime. We’re proud to see the company we’ve built extend into Europe and look forward to the many opportunities that lay ahead.”
• After going public through business combination with the SPAC Tortoise Acquisition Corp. II, the shares dropped from pre-SPAC-merger-deal price of $10 to currently changing hands at ~$8. Share prices rallied highest up to $13.
• 'Volta is taking an appealing path to monetize EV charging stations beyond the commoditized electricity', says Stone Fox Capital on Seeking Alpha.

Comments

[Mktneutralhedger]

new chance to short it....thank you!

[Auricgoldfinger]

@Mktneutralhedger Please clue me in on your angle. Thanks!