Has Volvo Alleviated EC Fears With Its Latest Venture

Has Volvo Alleviated EC Fears With Its Latest Venture
Image credit: Florian van Duyn (https://unsplash.com/photos/lPgikJiNI5o)

One of the biggest barriers to purchasing an electric car is the short distance it covers before requiring a recharge that could take anywhere from 10 minutes to 12 hours. 25 manufacturers have committed to having electric cars that could cover a distance of at least 200 miles within the next five years, and perhaps even cross the 300-mile mark. The availability of charging stations is another big concern for those who wish to commute sustainably. Volvo clears both these dilemmas up in one fell swoop with its share purchase in electric charging firm, FreeWire.

Innovative Tech That Bridges Those Recharge Gaps

There is nothing quite like getting stuck without fuel but with a jerry can and a few miles’ walk, there’s bound to be a gas station nearby. The electric car, on the other hand, is a different story. One of the biggest fears for those who are on the fence in terms of purchasing an electric car, is the possibility of getting stuck without the option to recharge. The Volvo and FreeWire collaboration will ensure that there are more charging points available. The goal is to ensure that it’s as simple for travelers to recharge their car as it is to fill up with fuel.

More Variety Means Better Options For Different Pockets

Volvo itself has committed to releasing at least five electric cars within the next year, providing the much-needed competition that Tesla needs. This means more options for those who don’t quite require the performance figures offered by Tesla, but still require solid engineering and reliability. Electric cars are in a higher price bracket than the regular gas or diesel options, which means drivers will need to look for their savings in financial products and services relating to their purchase, such as insurances.

Faster Charges For Shorter Stops

Perhaps one of the most exciting things about the Volvo and FreeWire venture is that BP also invested a large chunk of change in the startup. The $5 million capital boost will undoubtedly be a big help in terms of speeding up the recharge times. FreeWire already boasts fast and flexible recharges which makes the distribution so much more exciting. With new charging stations popping up all over the country, the sustainable road trip doesn’t seem so far in the future anymore.

The electric car has come a long way since it first made its appearance in the 1800’s as a crude foundation for the modern eco ride. With corporates such as Volvo, FreeWire, and BP joining forces to make charging points more accessible, phasing out gas and diesel cars doesn’t seem to be that far in the distant future anymore.