Shell USA acquires Volta Charging for USD169 million

Acquisition, divestment & Spinoff

The acquisition of Volta will give Shell access to its assets such as an existing public EV charging network of over 3,000 charge points at destination sites across 31 US states and territories and a development pipeline of more than 3,400 additional charge points

Shell USA, Inc., a subsidiary of Shell plc, has signed a definitive agreement to acquire 100% stake in EV charging network company Volta Inc. in an all-cash deal valued at approximately USD 169 million, Shell announced on 18 January 2023.

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