Sweden's Vattenfall partners with Volvo Cars to offer EV recharging at home
In a Thursday announcement, Sweden’s state-owned utility Vattenfall and Volvo Cars -- owned by Geely -- have revealed that they are teaming up for an arrangement which will allow the owners of electric vehicles (EVs) to recharge their vehicles at home.
According to the details shared by Vattenfall spokeswoman, the partnership deal will enable Volvo car owners to order a charging box from the automaker’s website. The charging box ordered by Volvo owners will be delivered by Vattenfall, which will also be responsible for the unit’s installation and service.
With reference to the partnership with Volvo Cars for offering at-home EV recharging, Vattenfall said in a statement that approximately 90 percent of the charging of all EVs takes place either at home or at workplace.
Highlighting the fact that Volvo Cars accounts for a nearly 18 percent market share for plug-in hybrid cars in Sweden (its home market), a joint statement by Volvo Cars and Vattenfall has revealed that the automaker is aiming for a 50% share of EVs in its total car sales by the year 2025.
Asserting that Volvo Cars going forward will “focus aggressively on electrified cars,” the company’s Managing Director Kristian Elvefors said: “A functioning infrastructure for charging is therefore needed both in the community and where our customers live.”
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