Volvo's V2G Strategy: Unleashing the Full Potential of Electric Vehicles
November 14 2023,
In a groundbreaking shift, Volvo launches its Cars Energy Solutions, a division underscoring a progressive vision where electric vehicles (EVs) transcend their transportation role to become integral to energy systems worldwide.
The Multitasking EX90 SUV: A Powerhouse On and Off the Road
The Volvo EX90 SUV stands as the centerpiece of this initiative, outfitted with the capacity for bi-directional charging. This facility transforms the vehicle from a mere consumer of electricity to an active power distributor, highlighting the SUV’s role as a battery on wheels capable of discharging energy back to the grid or the owner's home.
The Gothenburg Experiment: Proving V2G’s Real-World Potential
Through a strategic partnership in Gothenburg with the local energy firm, Volvo sets the stage for one of the pioneering vehicle-to-grid (V2G) pilots. Centered around an affordable AC wallbox, the program aims to validate V2G applications on a larger scale, striving to make this technology a common utility.
Harnessing Surplus: A New Economic and Environmental Paradigm
With Volvo's commitment to a fully electrified car fleet by 2030, the collective battery capacity of its vehicles points to a reservoir of power largely untapped in everyday use. This surplus energy could be strategically redirected to provide cost benefits to vehicle owners and contribute to a lower carbon economy through innovative charging solutions.
Beyond V2G: Building a Volvo-Powered Energy Ecosystem
Volvo's horizon expands beyond V2G technology, delving into vehicle-to-home (V2H) and vehicle-to-load (V2L) services. These developments foresee EVs as central to an ecosystem that powers not just transportation but also domestic and mobile energy needs, reinforcing the multifaceted utility of electric mobility.
In this new chapter, Volvo is not just reengineering the electric vehicle; it is also redrawing the blueprint for integrated, sustainable energy use. Volvo Cars Energy Solutions is envisioned as a beacon of innovation, driving toward a future where electric cars are vital to an eco-friendly, energy-smart world.
