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Benzinga

Business

Shivani Kumaresan

Volta Launches PredictEV Fleet For EV Infrastructure Expansion

Volta (Organization) VLTA Volta Inc

Volta Inc (NYSE:VLTA) has launched PredictEV fleet, a machine learning and artificial intelligence (AI) solution for infrastructure planning.
Using advanced AI and analytics, PredictEV Fleet analyzes data on existing vehicle fleets and premises, providing customers with insights to build fleet electrification plans.
The product establishes data-sharing relationships between fleets and utilities to inform the grid strategies required to support the increased demand for electricity.
Volta has also signed a multi-year agreement with Southern Co (NYSE:SO) to create efficient fleet electrification strategies.
Price Action: VLTA shares are trading lower by 0.33% at $2.98 on the last check Monday.

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