By Amber Deter Volta stock is official. The company announced an agreement with SPAC Tortoise Acquisition II Corp. (NYSE: SNPR)for a Volta IPO in 2021. And investors are excited for another electric vehicle (EV) opportunity.
But should you invest in Volta? Here’s what we know…
Volta IPO: The Business
CEO Scott Mercer and President Chris Wendel founded Volta in 2010. Named after Alessandro Volta, the inventor of the electric battery, Volta is an EV charging network. The company claims its chargers help brands, consumers and real estate locations. In addition to charging EVs, the chargers also provide advertising space for businesses and offer free charging.
According to …read more
