March 15 (Reuters) – Volvo Cars U.S. (VOLVb.ST) said on Tuesday it was partnering with coffee giant Starbucks Corp (SBUX.O) to create a public electric vehicle (EV) charging network that is set to begin this summer.
The Swedish automaker maker said that its pilot installations would include as many as 60 Volvo-branded ChargePoint DC fast chargers at up to 15 Starbucks store locations.
Volvo, which plans to have a charger installed at every 100 miles, said it expects the installations to be completed by the end of 2022. The charging stations could be used by all EV drivers for a fee. However, Volvo car owners could use these at no charge or at preferential rates.
Volvo Cars, which is primarily owned by China’s Geely Holding [RIC:RIC:GEELY.UL], aims to sell 50% pure electric cars by the middle of this decade and fully electric cars by 2030.
The Biden administration last month also unveiled its plan to award nearly $5 billion over five years to build thousands of electric vehicle charging stations to help combat this issue. read more
