This Week In Electric Vehicles - Voltera Expands Charging Infrastructure in Key Urban Markets

Simply Wall St.
Yesterday

Voltera has announced the expansion of its electric vehicle (EV) charging infrastructure in major urban markets across California, Texas, Arizona, and Florida, adding 294 charging stalls and over 28 megawatts of capacity. This expansion includes new facilities in Santa Monica, San Francisco, Dallas, and Austin, with additional sites planned for Houston, Phoenix, and Miami. The strategically located facilities are purpose-built to support light-duty passenger fleets, reflecting Voltera’s commitment to scaling EV infrastructure in high-demand areas. These developments exemplify the growing momentum in fleet electrification as the company continues to address the complexities of charging infrastructure deployment.

In other market news, Elite Material was trading firmly up 9.9% and ending trading at NT$566.00. In the meantime, Bharat Forge lagged, down 2.5% to end the day at ₹1,106.55.

Bharat Forge's substantial investments in aerospace and defense suggest a potential revenue surge. Discover how these moves could impact its growth trajectory in our in-depth narrative.

For a deeper understanding of the current EV landscape, revisit our 'Market Insights' article, spotlighting automakers' adaptation amid tariff chaos.

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  • Tesla finished trading at $259.51 up 3.5%. On Tuesday, the company announced a decline in first-quarter revenue and net income compared to the previous year.
  • Ford Motor ended the day at $10.06 up 2.9%.
  • BYD finished trading at HK$397.00 up 1.7%.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

  • Simply Wall St
  • "Voltera Expands National Footprint with EV Charging Facilities for Light-Duty Fleets in California, Texas, Arizona, and Florida" from Voltera on GlobeNewswire (published 24 April 2025)

Companies discussed in this article include TWSE:2383 NasdaqGS:TSLA NYSE:F SEHK:1211 and BSE:500493.

This article was originally published by Simply Wall St.

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