Volvo Unveils Cars Energy Solutions: A New Era of Electric Potential
November 10 2023,
Volvo is reshaping the electric vehicle (EV) landscape with its trailblazing new division, Volvo Cars Energy Solutions, designed to turn EVs into pivotal elements of the global energy infrastructure. With this move, Volvo envisions a symbiotic relationship between electric vehicles, energy grids, and consumer energy needs.
Transformative Tech: The Bi-Directional Charging EX90
Spearheading this evolution is the EX90 SUV, Volvo’s electric trailblazer equipped with bi-directional charging technology. This innovation empowers the vehicle to both draw and distribute power, functioning as a mobile energy unit capable of supporting the grid and supplying power to homes, thereby enhancing energy efficiency and utility.
The Gothenburg Initiative: Pioneering V2G Projects
In a practical demonstration of its new tech, Volvo has joined hands with Göteborg Energi Nät AB to launch a vehicle-to-grid (V2G) pilot in Gothenburg. By integrating a low-cost AC wallbox into the program, Volvo is committed to proving that advanced energy solutions can be both accessible and beneficial on a large scale.
The Power of Capacity: Realizing Environmental and Economic Advantages
As Volvo accelerates towards a fully electric lineup by 2030, the collective battery capacity of its EVs is projected to be substantial. Since daily travel requires only a small fraction of an EV's battery power, there lies an opportunity to harness this untapped potential. Smart charging and energy redistribution via V2G could offer customers financial gains and facilitate a reduction in the carbon footprint.
Expanding the Ecosystem: V2H and V2L Solutions
Volvo Cars Energy Solutions isn’t confined to V2G alone—it’s also delving into vehicle-to-home (V2H) and vehicle-to-load (V2L) technologies. These forward-thinking services are poised to utilize Volvo EVs as power reservoirs for households and other electric devices, reinforcing the versatility and practicality of electric cars.
By interlinking EVs with home and grid energy systems, Volvo Cars Energy Solutions is crafting a future where electric vehicles are indispensable assets for sustainable living and energy management, underpinning Volvo's dedication to innovation and environmental responsibility.