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Benzinga
Benzinga
Business
Shivani Kumaresan

Volta Partners With Michigan OFME, DTE Energy On Improving EV Charging Infrastructure

DTE NYSE VLTA Volta Inc
  • Volta Inc (NYSE:VLTA) revealed its paid partnership with the Michigan Office of Future Mobility and Electrification (OFME) and DTE Energy Co (NYSE:DTE).
  • Michigan's OFME and DTE will fund the use of Volta's PredictEV software product to identify locations within underserved areas.
  • PredictEV analyzes disparate data sources, including local mobility, demographic, commercial, and site-specific data, to provide insights.
  • The collaboration uses Volta's PredictEV analytics and media-supported charging to accelerate the switch to EVs within lower-income and environmental justice communities.
  • Price Action: VLTA shares are trading higher by 2.02% at $2.19 on the last check Thursday.
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