Tag: shell

Shell Shuts down Volta

What might have been is not what is.  Remember Volta, the electric charging station manufacturer which was going to support itself with programmatically placed out of home ads?  Volta went public in 2021 with a $2 billion valuation and then cratered as ad revenue trailed projections.  Shell bought Volta for […]

Volta Sells to Shell for $169 million

Volta, the electric vehicle charging station company which was attempting to support itself by digital billboard advertising has agreed to sell to Shell for $169 million.  The company’s stock has recently been trading below a dollar, down from a high of $15 in heady post-ipo days in 2020.  The cashflow […]