Executive resignations at EV charging firm Volta cause stock plunge

By:

Bloomberg

March 28, 2022 05:00 PM

Shares of Volta Inc. plunged to all-time lows after the electric-vehicle charging company announced the abrupt departures of two of its top executives, both of them founders of the firm.

Featured Stories

Tariffs remain on autos, steel, aluminum despite Trump’s reciprocal duty pause

Dealership buy-sell database updates: AutoNation, Top 150 groups among dealmakers across 6 states

BMW considers boosting output at U.S. plant by up to 80,000 units

Live updates on tariffs: Volvo adjusts U.S. product plan

Latest News

Lucid agrees to take over Nikola’s Arizona electric truck plant

Dealership buy-sell database updates: AutoNation, Top 150 groups among dealmakers across 6 states

Tesla stops taking orders in China for models imported from the U.S.

Tariffs remain on autos, steel, aluminum despite Trump’s reciprocal duty pause

Staying current is easy with newsletters delivered straight to your inbox.

See More in Executives

GM CEO Mary Barra, Hyundai Executive Chair Euisun Chung to keynote Automotive News Congress Sept. 11

From the Newsroom: Inside Hyundai’s U.S. EV factory as tariffs shake up the auto industry

Nikola founder Trevor Milton pardoned by Trump after fraud conviction

Nissan’s next CEO Ivan Espinosa opens up on what makes him tick

Staying current is easy with newsletters delivered straight to your inbox.