Volvo has big plans for its future electrified lineup and to make it easier for drivers to recharged their EVs, Volvo has announced that it has acquired a stake in electric car charging company FreeWire Technologies.
FreeWire Technologies specializes in both stationary and mobile fast charging technology. Freewire’s technology is unique since it doesn’t require the costly electrical upgrades that other fast charging stations require. Instead, FreeWire’s charging stations use low-voltage power, allowing operators to simply use existing power outlets.
“Volvo Cars’ future is electric, as reflected by our industry-leading commitment to electrify our entire product range,” said Zaki Fasihuddin, CEO of the Volvo Cars Tech Fund. “To support wider consumer adoption of electric cars, society needs to make charging an electric car as simple as filling up your tank. Our investment in FreeWire is a firm endorsement of the company’s ambitions in this area.”
“With this move, we aim to make the future of sustainable, electric cars more practical and convenient.”