Image: Umar Shakir / The Verge
Shell USA, best known for its gasoline fill-up stations, is acquiring electric vehicle charging network Volta through a full cash purchase of all its common stock. The transaction, worth $169 million, is set to close in the first half of 2023.
Volta is the second US EV charging company to come under the Shell brand since Greenlots was acquired by Royal Dutch Shell in 2019
