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

Volta Inc VLTA revealed its paid partnership with the Michigan Office of Future Mobility and Electrification (OFME) and DTE Energy Co 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.