Swedish car manufacturer Volvo has invested an undisclosed sum in FreeWire Technologies , the San Francisco - based provider of electric vehicle ( electric ) systems that can plug into low - voltage power outlets . That's enough to add 480 miles of range in one hour, according to the company. FreeWire 's Mobi charging stations currently offer Level 2 AC power , and it is looking to add 120 new DC fast - charging stations , enough to add 480 miles of range in one hour . The investment was made through Volvo Cars Tech Fund and is part of the automaker 's wider ambition of focusing on all - electric power generation from next year . It anticipates all - electric cars will make up half of its global sales by 2025 .
Swedish car manufacturer Volvo has invested an undisclosed sum in FreeWire Technologies , the San Francisco - based provider of electric vehicle ( electric ) systems that can plug into low - voltage power outlets . FreeWire 's Mobi charging stations currently offer Level 2 AC power , and it is looking to add 120 new DC fast - charging stations , enough to add 480 miles of range in one hour . The investment was made through Volvo Cars Tech Fund and is part of the automaker 's wider ambition of focusing on all - electric power generation from next year . It anticipates all - electric cars will make up half of its global sales by 2025 .