Volvo’s Game-Changing Energy Solutions Propel EVs Beyond Mobility
November 10 2023,
With the launch of Volvo Cars Energy Solutions, Volvo cements its position at the forefront of the electric revolution, driving the functionality of electric vehicles (EVs) beyond transportation, towards active energy management participants.
EX90 SUV: A Conduit for Energy Sharing
The new electric flagship, the Volvo EX90 SUV, is poised to become a conduit for energy sharing with its bi-directional charging feature. This advancement enables the EV not only to receive power but also to supply it back, effectively acting as a mobile energy storage unit that can power homes or feed the grid.
Gothenburg’s V2G Experiment: A Microcosm of Future Energy Dynamics
A strategic collaboration in Gothenburg with the local grid company marks the beginning of one of the initial vehicle-to-grid (V2G) pilot programs. This project, anchored by an affordable AC wallbox, is a litmus test for the feasibility and scalability of V2G technology, aiming to showcase its practical benefits and set the stage for broader adoption.
Leveraging Latent Battery Power for Greener Outcomes
As Volvo progresses towards an exclusively electric car fleet by 2030, the collective battery capacity presents a significant reservoir of power. Given the surplus energy following average daily travel, there’s a sizeable opportunity for energy re-allocation. Through V2G, this excess capacity could translate into economic benefits for Volvo owners and substantial environmental advantages.
The Bigger Picture: V2H and V2L Innovations
The vision of Volvo Cars Energy Solutions extends into vehicle-to-home (V2H) and vehicle-to-load (V2L) services, which could allow the excess energy from EVs to power residential settings and electronic devices, offering a new layer of utility and enhancing the value proposition for customers.
Volvo’s initiative heralds a new chapter where EVs are integral to a sustainable ecosystem, bridging the gap between transportation and energy sectors. By integrating EVs into the energy matrix, Volvo is not just driving towards a greener future but is actively constructing it.