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October 25, 2018

Volvo goes off the grid, invests in mobile-charging experts Freewire

Volvo Cars has announced an investment in Freewire Technologies, a company that emphasizes mobile charging solutions.

Freewire earlier this year attracted a $5 million investment from the petro-giant BP, which will result in Freewire’s fast-charging systems being installed at some BP stations in the UK and Europe—effectively helping fill in gaps between established charging stations.

“FreeWire’s fast charging technology holds great promise to simplify the experience for customers of electrified Volvos,” said Atif Rafiq, chief digital officer at Volvo Cars. “With this move, we aim to make the future of sustainable, electric cars more practical and convenient.”

Volvo plans to greatly increase the number of plug-in models. A fully electric model is on the way in 2020, and it’s said that every new Volvo car launched starting in 2019 will be electrified, with at least a hybrid or plug-in hybrid version. By 2025 it aims for half of its global sales to be of fully electric cars.

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