The investment in StoreDot's new technology will help develop batteries that can charge to 160km of pure electric range in just five minutes.
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Volvo Cars aims to become a wholly electric car company by 2030 and is the first premium car maker to invest in StoreDot.
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Continued growth of electric and hybrid vehicles remained steady in March for Volvo Americas, Canada, and Latin America.
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Volvo Car USA announced new extended range Recharge plug-in hybrid models with up to 41 miles of electric range in pure mode.
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Volvo teams up with Starbucks to provide ChargePoint DC fast chargers at select locations. A Volvo C40 Recharge can go from a 20% to a 90% charge in about 40 minutes.
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In a trial, several fully electric Volvo XC40 Recharge vehicles will be used as taxis and charged wirelessly at stations in Sweden.
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The flagship electric vehicle of the Swedish manufacturer is sleek, sexy, and zips into the future on an electric battery and a new modular chassis.
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Volvo will feature the C40 Recharge and XC40 Recharge all-electric vehicles at the Global Fleet Conference in Hollywood, Florida, from June 7 - June 9. The Polestar brand will also showcase a Polestar 2.
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Fleet Forward: The Tour — regional, one-day events where fleets can experience electric vehicles and new technologies firsthand — will stop first in Atlanta on March 31.
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The Polestar 3 will launch in 2022 will be made in the U.S. as the company expects to close out 2021 with global sales of 29,000 vehicles.
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