Volvo Vehicles Launches Free Residence Charging Initiative, Beginning in Sweden

Help CleanTechnica’s work by way of a Substack subscription or on Stripe.

Volvo Vehicles is providing Swedish automobile patrons one yr’s free electrical energy to cost their new absolutely electrical automobile at dwelling, with the launch of its free cost initiative. Volvo Vehicles is partnering with Swedish power firm Vattenfall to introduce this provide, which goals to make the change to totally electrical vehicles extra enticing and accessible for extra clients.

From February 2026, new absolutely electrical automobile clients in Sweden will profit from complimentary fossil-free dwelling charging for one yr, unlocking as much as 25,000km of free absolutely electrical driving per yr.* The provide applies instantly to personal clients, whether or not they buy or lease their automobile.

Clients will be capable to profit from the provide by way of an electrical energy contract with Vattenfall, and the sensible charging characteristic within the Volvo Vehicles app, when accessible.

Good charging actively helps the power system by shifting the charging to instances of decrease value and sometimes decrease CO2 emissions. The app will observe the automobile’s power consumption and permit house owners to observe the automobile battery’s charging standing. The electrical energy prices for charging their automobile shall be calculated and deducted from their month-to-month Vattenfall invoice.**

“We’re listening to our clients, and by offering free charging presents we hope to create worth for them and speed up our collective journey to a wiser, greener society,”?says Alejandro Castro Pérez, Vice President of Power Options at Volvo Vehicles.

From Sweden to the world

Insights from the primary part in Sweden will lay the inspiration for a broader world rollout throughout the globe, the place Volvo Vehicles will develop partnerships with different sustainable power suppliers. The plan is to scale and adapt the initiative in Europe and past.

A key ambition is to showcase Volvo Vehicles’ imaginative and prescient of how vehicles can play an energetic position sooner or later power ecosystem.?When vehicle-to-everything (V2X) turns into accessible in 2026, Volvo Vehicles will?develop the programme to incorporate a particular provide for bi-directionally enabled vehicles, such because the EX90.? Clients?will then be capable to use their automobile battery as an additional power provide, for instance to energy their dwelling or promote power again to the grid.

Volvo Vehicles and Vattenfall have a longstanding historical past of collaboration in sustainable mobility. Collectively, they’ve labored to make electrification extra accessible and impactful by way of initiatives corresponding to the event of the world’s first diesel plug-in hybrid — the Volvo V60, launched in 2012 — and Vattenfall’s provide of fossil-free power to Volvo Vehicles’ plant in Torslanda, Sweden.

“We warmly welcome this initiative from Volvo Vehicles to spice up a future the place everybody can select fossil free methods of transportation,” says Branislav Slavic, Head of Clients & Options at Vattenfall Nordics. “Volvo Vehicles including a suggestion of free dwelling charging from Vattenfall, when buying a brand new electrical automobile, is a constructive, sustainable step. Working collectively to encourage using electrical vehicles with fossil free electrical energy, beginning in Sweden, is extremely inspiring.”

The 2 corporations share a typical objective: to speed up the transition to electrification and assist clients get probably the most out of their electrical vehicles, whereas reducing the brink for brand new clients to modify to electrical driving.

Volvo Vehicles already has 5 absolutely electrical fashions on the highway, and the brand new EX60 is about to be launched in January subsequent yr. As well as, there’s a well-balanced line-up of Volvo plug-in hybrids and delicate hybrids for patrons who aren’t fairly able to go absolutely electrical.

The small print

* To profit from the provide, clients will need to have an energetic electrical energy retail contract with Vattenfall and cost the BEV below the identical electrical energy meter (villa or semi-detached home), utilizing the sensible charging characteristic within the Volvo Vehicles app.

**Financial savings will differ relying on the kind of electrical energy contract, the quantity of power charged, and the electrical energy value; restricted to most 1.5 SEK / kWh common consumption per thirty days. Volvo Vehicles will cowl as much as 5,150kWh per yr, which corresponds to 25,000km of driving based mostly on the EX90 WLTP driving cycle. Eligible clients shall be guided by way of the sign-up course of, and free charging will begin in February 2026. For full phrases and situations, please go to https://www.volvocars.com/se/l/erbjudanden/fri-hemladdning/.

Volvo Vehicles in 2024

For the complete yr 2024, Volvo Automotive Group recorded a record-breaking core working revenue of SEK 27 billion. Income in 2024 amounted to an all-time excessive of SEK 400.2 billion, whereas world gross sales reached a document 763,389 vehicles.

About Volvo Automotive Group

Volvo Vehicles was based in 1927. Right this moment, it is without doubt one of the most well-known and revered automobile manufacturers on this planet with gross sales to clients in additional than 100 nations. Volvo Vehicles is listed on the Nasdaq Stockholm change, the place it’s traded below the ticker “VOLCAR B”.

“For all times. To provide folks the liberty to maneuver in a private, sustainable and protected manner.” This objective is mirrored in Volvo Vehicles’ ambition to grow to be a totally electrical automobile maker and in its dedication to an ongoing discount of its carbon footprint, with the ambition to attain net-zero greenhouse gasoline emissions by 2040.

As of December 2024, Volvo Vehicles employed roughly 42,600 full-time staff. Volvo Vehicles’ head workplace, product growth, advertising and marketing and administration features are primarily positioned in Gothenburg, Sweden. Volvo Vehicles’ manufacturing vegetation are positioned in Gothenburg, Ghent (Belgium), South Carolina (US), Chengdu, Daqing and Taizhou (China). The corporate additionally has R&D and design centres in Gothenburg and Shanghai (China).