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- 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.