Volta Partners With the State of Michigan and DTE Energy

Volta Inc. (NYSE: VLTA), an industry-leading electric vehicle ("EV") charging network powering vehicles and commerce, today announced its paid partnership with the Michigan Office of Future Mobility and Electrification (OFME) and DTE Energy (DTE). This marks Volta's sixth agreement with an investor-owned electric power utility and second with a state agency in support of equitable, efficient, and accelerated deployment of EV charging infrastructure.

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Volta Partners With the State of Michigan and DTE Energy (Photo: Business Wire)

Michigan's OFME and DTE are funding the use of Volta's PredictEV software product to identify locations that would be most utilized within underserved areas, ensuring the most efficient use of public investment. PredictEV analyzes disparate data sources, including local mobility, demographic, commercial, and site-specific data, to provide high-resolution answers to key EV infrastructure questions. Insights provided by PredictEV include expected EV adoption, optimal charging locations, the right mix of charging infrastructure, and corresponding societal benefits such as CO2 mitigation, air quality improvement, and improved health outcomes.

"The transition to electric mobility should benefit everyone. This program is squarely targeted at improving equitable access to EV charging infrastructure in Michigan, and it leverages the unique strengths of DTE, Volta, and the State of Michigan, together," said Drew Bennett, Executive Vice President of Network Operations at Volta. "We are proud to partner with the OFME to bring more Volta stations to Michigan in areas where they will make the most impact."

With the support of the OFME's Michigan Mobility Funding Platform, Volta and DTE will install EV charging stations within lower-income and environmental justice communities. DTE will use the Volta Media Network to educate consumers on EV benefits and available incentives that make owning an EV more affordable upon installing the charging stations. This proactive messaging encourages the switch to EVs, accelerating the health, safety, and economic benefits electric mobility brings to an area.