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Shell to sell ‘substantial portion’ of Volta EV business

Shell sells thousands of media-enabled EV chargers across 34 states to Jolt to enhance combined advertising and charging services in the evolving EV market.

Summary by Utility Dive
The sale comes less than three years after the oil giant acquired Volta for $169 million to help scale its EV charging capabilities in the U.S.

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Utility Dive broke the news in on Friday, November 14, 2025.
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