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Volta electric car charger network includes Macy’s, Whole Foods

6/10/2015

San Francisco -- Volta Industries is launching a network of more than 100 free electric car charging stations across five cities. Participating retailers include Macy’s and Whole Foods.



Volta first began in Honolulu by offering free electric car charging services underwritten by local brands. Since then, Volta has deployed initial charging infrastructure in high-volume, retail locations in five major cities, including the San Francisco Bay area, the Los Angeles metropolitan area, San Diego, Phoenix, and Honolulu.



The early results have enabled Volta to secure relationships with seven of the top 10 national real estate investment trusts to provide premium retail locations for the deployment of additional infrastructure.



Volta has also closed a $4.5 million Series A equity capital round led by Three Bridges Ventures and a $3 million project financing facility provided by SQN Capital.



"Our goal is to re-invent the model for community engagement by matching their needs for services like free electric car charging with brands and retail locations that believe in sustainability, for example," said Scott Mercer, co-founder and CEO of Volta. "We're driving the price of both the service and the infrastructure to zero as we tap major brands to join our community engagement model.”


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