Volvo Cars has recently announced a strategic investment in UK startup Breathe Battery Technologies to revolutionize electric vehicle (EV) charging times. The collaboration aims to integrate Breathe’s battery software into Volvo’s upcoming EV lineup, with a goal to reduce charging time by 30%, as reported by Reuters.
While the exact investment amount from Volvo Cars Tech Fund, the automaker’s corporate venture capital arm, remains undisclosed, the partnership signifies Volvo’s commitment to addressing customer concerns and advancing EV technology. Breathe’s innovative technology is expected to be seamlessly integrated into new Volvo EVs within the next two to three years.
CEO of Volvo Cars Tech Fund, Ann-Sofie Ekberg, highlighted the investment’s significance in enhancing customer experience and positioning Volvo as a leader in electric vehicle technology. She emphasized priority access, valuable insights, and effective collaboration as key benefits of the partnership with Breathe.
Addressing a common challenge faced by automakers regarding power intake limitations during rapid charging sessions, Breathe’s algorithm-driven charging software promises to optimize charging efficiency while ensuring battery safety and longevity. CEO Ian Campbell underscored the potential for significant advancements in battery technology as they transition towards software-defined systems.
The collaboration between Volvo and Breathe aims to accelerate the adoption of electric vehicles by improving charging infrastructure and enhancing battery durability. Breathe’s proven track record in smartphone battery software adds credibility to their efforts in the EV market, aligning with automakers’ objectives of improving battery performance and longevity.