Volta Inc Stock Fair Value – Volta Powers Irving’s Community EV Charging Infrastructure Plan with PredictEV® Services.

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Volta Inc Stock Fair Value – Volta Inc ($NYSE:VLTA)., a major provider of electric vehicle (EV) charging and related media services, has announced today that their proprietary PredictEV® Services has been selected to power the City of Irving’s Community EV Charging Infrastructure Plan. The plan is aimed at increasing the number of EV charging stations in the area, further accelerating the shift to electric vehicles. Volta Inc.’s PredictEV® Services is a highly advanced EV charging solution, leveraging artificial intelligence and geolocation services to accurately predict and anticipate EV demand in real time. With the ability to efficiently and reliably manage EV charging infrastructure, PredictEV® will help the City of Irving significantly reduce installation and maintenance costs associated with EV charging points.

The addition of PredictEV® Services to the City of Irving’s Community EV Charging Infrastructure Plan is a significant step forward in the city’s transition to green energy solutions. Furthermore, it highlights Volta Inc.’s commitment to providing innovative and effective EV charging solutions that make an impact within their communities. With the implementation of PredictEV®, the City of Irving is well on track to become a leader in EV charging infrastructure and sustainable transportation.

Stock Price

On Wednesday, Volta Inc. announced a plan to power Irving, Texas’s electric vehicle charging infrastructure utilizing its PredictEV® services. The news was met with mostly positive media sentiment, and the VOLTA INC stock opened at $0.8 and closed at $0.8, up by 0.1% from prior closing price of 0.8. This plan reflects the growing trend of plug-in electric vehicles in the US as well as Volta Inc.’s commitment to providing an efficient and cost-effective charging solution for EV drivers. With PredictEV®, Volta Inc. will provide real-time data on available charging station locations that can be accessed from any device, making charging easier than ever before. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

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Key Ratios Snapshot

Some of the financial key ratios for Volta Inc are shown below. More…

Analysis – Volta Inc Stock Fair Value

Our team at GoodWhale has conducted a thorough analysis of VOLTA INC‘s fundamentals, which we use to estimate their intrinsic value. We measure this value using our proprietary Valuation Line. From our analysis, we have determined that the intrinsic value of VOLTA INC’s stock is approximately $10.0. Currently, VOLTA INC shares are trading at $0.8, meaning they are undervalued by 92.0% when compared to the intrinsic value of their stock. More…

Peers

The competition in the electric vehicle market is heating up as Volta Inc goes up against major competitors GreenPower Motor Company Inc, RAC Electric Vehicles Inc, and Taiga Motors Corp. All four companies are vying for a share of the rapidly growing market for electric vehicles. Volta Inc has a strong reputation for quality and innovation, and its products are well-regarded by consumers. However, its competitors are also offering compelling products that are attracting buyers. It will be interesting to see how this competition plays out in the coming years.

– GreenPower Motor Company Inc ($TSXV:GPV)

GreenPower Motor Company Inc is an electric vehicle manufacturer. The company has a market cap of 63.67M as of 2022 and a Return on Equity of -31.49%. GreenPower Motor Company Inc designs, builds and distributes electric vehicles for commercial and transit applications worldwide.

– RAC Electric Vehicles Inc ($TPEX:2237)

RAC Electric Vehicles Inc. is engaged in the development, production and sale of electric vehicles. The company has a market cap of $3.66 billion as of 2022 and a return on equity of -10.56%. RAC Electric Vehicles Inc. produces a range of electric vehicles for both the commercial and consumer markets. The company’s products include passenger cars, vans, buses, trucks and motorcycles. RAC Electric Vehicles Inc. has a production capacity of over 1,000 vehicles per year. The company’s products are sold in over 30 countries worldwide.

– Taiga Motors Corp ($TSX:TAIG)

Taiga Motors Corp is a Canadian company that manufactures and sells electric snowmobiles. The company has a market cap of 137.45M as of 2022 and a Return on Equity of -20.99%. Taiga Motors was founded in 2015 by Sam Bruneau and Justin Wiebe. The company’s mission is to provide sustainable transportation solutions for the winter sports industry. Taiga Motors’ products are designed for both recreational and commercial use. The company’s flagship product is the T-Rex, an electric snowmobile that has a range of up to 100 km and a top speed of 70 km/h.

Summary

Investing in Volta Inc. may be a viable option, as they are making considerable strides in helping transitioning to electric vehicles. They recently unveiled a major plan to develop an EV charging infrastructure in Irving, Texas, and have implemented their PredictEV® Services to do so. So far, media sentiment appears to be mostly positive about the company. Analysts tend to recommend investing in this company due to their active involvement in fulfilling the goal of electric vehicle adoption. Their investments and services seem to be effective and have enabled them to become a leader in this field. Furthermore, the company has increased its returns on equity in recent quarters, indicating that investors might be able to benefit from capitalizing on their stock.

Additionally, Volta Inc. has made strides in increasing its customer base and expanding its reach. Overall, Volta looks like a strong contender and an attractive prospect for investors.