Ulupono Initiative

Volta Industries

Expanding Hawaii's EV charging networks to reduce our dependence on imported oil.

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Background

Ulupono Initiative has invested $300,000 in Volta Industries to help expand its Hawaii network of electric vehicle (EV) charging stations. This investment helped Volta more than double its network in Hawaii with 15 new, free-to-use charging stations planned for 2013 statewide.

Founded in 2010, Volta Industries LLC designs, installs and maintains public EV charging networks, and provides energy to the EV driver, all free-of-cost to both the driver and the community. Companies sponsor each Volta station – providing free EV charging as a service to the community. The stations are designed and built by Volta and provide approximately 20-25 miles worth of range per hour of charging.

Why We Invested

Ulupono views EV charging networks, such as Volta’s, as crucial for the mass adoption of EVs in Hawaii. Increasing the number of stations statewide means more consumers will be able to easily charge their vehicles and avoid ‘range anxiety.’ With more EVs on Hawaii’s roads, we’re helping achieve our goal of reducing our dependence on imported oil with more efficient technology.

“With the investment funds, we can speed up our plans to expand our network to reach more EV owners statewide.”

– Scott Mercer, Volta CEO and Co-Founder

Impact

  • Expands Hawaii's electric vehicle (EV) charging network
  • Reduces 'range anxiety' among Hawaii's EV drivers
  • Reduces Hawaii's dependence on imported oil for transportation

At a Glance

Investment Area
Energy
Financial Model
For-Profit
Website
VoltaCharging.com