Volta, a charging company distinguished by its partly free, partly ad-supported EV charging, announced Wednesday that it will be acquired by oil giant Shell. The two companies have signed a "definitive merger agreement" under which Shell will buy Volta in an all-cash transaction that values the charging company at $169 million, according to a...
Keeping up with anticipated U.S. EV sales growth will require a lot more chargers, according to a new S&P Global Mobility study. Even accounting for home charging, which is how most EV drivers currently charge most of the time, the U.S. public charging network will need to quadruple in size between 2022 and 2025, and grow more than eight-fold...
General Motors and Ford have joined a pilot project to use EVs as an alternative energy source for the electricity grid, helping to cut pollution from fossil fuels. Organized by the Rocky Mountain Institute (RMI), the project will network EVs, along with smart thermostats, appliances, and home solar installations and energy-storage arrays, to...