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Volta Charging ($VLTA) Awarded DOE Funding to Commercialize Next Generation EV Charging Technology

Dr.Ev by Dr.Ev
11/24/2022
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Green Stock News LLC

 

 

November 23, 2022 – TheNewswire – Volta Charging (NYSE:VLTA) has been awarded a grant from the U.S Department of Energy on a partnership challenge with Imagen Power to develop and commercialize the subsequent technology of domestically manufactured DC quick charging applied sciences.

 

By means of the collaboration, the 2 firms are looking for to develop and commercialize EV chargers which are extra versatile, highly effective, and inexpensive with a selected deal with scalability, compliance, and accessibility. Volta says that it’s going to leverage its patented, award-winning PredictEV infrastructure planning software program to establish optimum websites for efficient piloting and preliminary deployment.

 

Gear is being engineered to ship no less than 150kW and be manufactured in the US. The know-how will try to meet community connectivity necessities, together with Plug and Cost capabilities and communication via the Open Cost Level Protocol (OCPP) and Open Cost Level Interface protocol. 

 

Vince Cubbage, Interim CEO at Volta said: “Whereas it is a modest preliminary authorities grant that doesn’t substitute the necessity for the capital we’re presently elevating, it’s proof of Volta’s capability to align our enterprise with the federal authorities’s priorities.”

 

Volta is an industry-leading electrical automobile charging and media firm that’s constructing a singular community of charging stations to energy automobiles and drive enterprise development whereas accelerating a clear power future.

 

Shares of Volta Charging commerce on the NYSE beneath the ticker image VLTA. For extra data go to www.greenstocknews.com.

  

Supply: https://greenstocknews.com/newswire/volta-charging-vlta-awarded-doe-funding-to-commercialize-next-generation-ev-charging-technology

 

Disclaimer

 

This content material just isn’t monetary recommendation and is for data, training and leisure functions solely. Inexperienced Inventory Information just isn’t answerable for any losses associated to the monetary choices made by you. Video content material and different supplies together with internet content material are based mostly on information obtained from sources we imagine to be dependable however aren’t assured as to accuracy and aren’t presupposed to be full. As such, the data shouldn’t be construed as recommendation designed to fulfill the actual funding wants of any investor. Inexperienced Inventory Information just isn’t answerable for any features or losses that end result from the opinions expressed on this video or supplies that it publishes electronically.

 

View unique video information clips right here: https://greenstocknews.com/green-stock-newswire 

 





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