Volta Charging was founded in Hawaii in 2010 by Scott Mercer and Chris Wendel. Leonardo DiCaprio was an early investor in the company.
In February 2021, Volta announced a special-purpose acquisition company merger with Tortoise Acquisition Company II. After completing the merger, Volta went public on the New York Stock Exchange on August 27, 2021. By September 2021, the company had installed more than 2,000 charging stations in twenty-three U.S. states. In November 2021, Volta partnered with Topgolf to install charging stations at Topgolf entertainment centers across the United States. In the third financial quarter of 2021, Volta's revenues increased 77 percent year-over-year to $8.5 million.
