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Volta’s PredictEV® Product Named Finalist in Fast Company’s 2022 World Changing Ideas Awards

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SAN FRANCISCO, (May 3, 2022) – Volta Inc. (NYSE: VLTA), an industry-leading electric vehicle ("EV") charging network powering vehicles and commerce, today announced its PredictEV® product was named a finalist of Fast Company’s 2022 World Changing Ideas Awards. The awards honor clean technologies, corporate initiatives, designs, and other creative works that are supporting the growth of positive social innovation, tackling social inequality, climate change, and public health crises.

PredictEV is Volta’s proprietary analytics software that uses artificial intelligence to analyze local mobility, demographic, socioeconomic, business, and site-specific datasets. This advanced tool empowers key stakeholders – including government agencies, utilities, retailers, real estate developers, municipalities, and more – to make data-driven EV infrastructure planning decisions. 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. 

“At Volta, we’re on a mission to guide and accelerate a clean energy future that benefits everyone, and our PredictEV product is a key component to furthering that mission,” said Drew Bennett, Executive Vice President of Network Operations at Volta. “With PredictEV, we are enabling our partners to optimize their planning process and ensure smart, efficient deployment of charging infrastructure that maximizes the benefits offered by EVs for all communities.” 

Now in its sixth year, the World Changing Ideas Awards showcase 39 winners, 350 finalists, and more than 600 honorable mentions — with climate, social justice, and AI and data among the most popular categories. A panel of eminent Fast Company editors and reporters selected winners and finalists from a pool of more than 2,997 entries across transportation, education, food, politics, technology, health, social justice, and more. The 2022 awards feature entries from across the globe, from Switzerland to Hong Kong to Australia.

Fast Company’s Summer 2022 issue (on newsstands May 10, 2022) will showcase some of the world’s most inventive entrepreneurs and companies tackling global challenges. 

“We are consistently inspired by the novelty and creativity that people are applying to solve some of our society’s most pressing problems, from shelter to the climate crisis. Fast Company relishes its role in amplifying important, innovative work to address big challenges,” says David Lidsky, interim editor-in-chief of Fast Company. “Our journalists have identified some of the most ingenious initiatives to launch since the start of 2021, which we hope will both have a meaningful impact and lead others to join in being part of the solution.”

About Volta

Volta Inc. (NYSE: VLTA) is an industry-leading electric vehicle (“EV”) charging network powering vehicles and commerce. Volta’s vision is to build EV charging networks that capitalize on and catalyze the shift from combustion-powered miles to electric miles by placing stations where consumers live, work, shop, and play. By leveraging a data-driven understanding of driver behavior to deliver EV charging solutions that fit seamlessly into people’s daily routines, Volta’s goal is to benefit consumers, brands, and real-estate locations while helping to build the infrastructure of the future. As part of Volta’s unique EV charging offering, its stations allow it to enhance its site hosts’ and strategic partners’ core commercial interests, creating a new means for them to benefit from the transformative shift to electric mobility. To learn more, visit www.voltacharging.com.  

About the World Changing Ideas Awards

World Changing Ideas is one of Fast Company’s major annual awards programs and is focused on social good, seeking to elevate finished products and brave concepts that make the world better. A panel of judges from across sectors choose winners, finalists, and honorable mentions based on feasibility and the potential for impact. With the goals of awarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them expand their reach to inspire more people to start working on solving the problems that affect us all.

May 3, 2022
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