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Voltera and Revel Transit have agreed to combine their businesses to build and operate fast-charging networks for autonomous vehicles, electric fleets, and ride-hail operators in dense U.S. cities, the companies said.
According to the companies, the deal would put more than 1,000 charging stalls — spanning sites already in service and those still in development — under the Voltera name across 11 major U.S. metro areas. Financial terms were not disclosed.
Revel CEO Frank Reig will lead the combined company. Current Voltera CEO Brett Hauser will step down from his role after the deal closes and remain with the organization in a senior commercial advisory capacity, the companies said.
"Bringing these teams together is the natural next step to deliver greater scale and stronger solutions in the key markets where fleet and autonomous vehicle customers need reliable infrastructure the most," Frank Reig said in a statement.
