Iberdrola and Volvo Sign Agreement to Roll Out Electric Vehicle Charging Points

Iberdrola and Volvo have signed an agreement to promote sustainable mobility, aimed at working together on the deployment of a network of public charging points, where users will be able to charge their electric vehicle batteries with 100% green energy from renewable energy sources.

The plan to be carried out by both companies will begin in Spain with an investment of 150 million euros. This figure will be the starting point to intensify the deployment of charging points for electrified cars in the coming years. 

Iberdrola and Volvo have among their plans the installation of about 150 thousand charging points, both in homes and companies, as well as on urban roads, in cities and on major highways. 

Voltage and Location

Within the framework of the partnership, the companies detailed that the supply centers will have high power by presenting ultra-fast 350 kW, super-fast 150 kW and fast 50 kW stations.

The charging points will be located in the Iberdrola Public Charging application, which incorporates verified information on all electric vehicle chargers, both Iberdrola’s and those of other operators, from which you can geolocate the charger, check its operation in real time and book and pay from your cell phone.

Joint Effort

The partnership between Iberdrola and Volvo complements each other perfectly, since for more than a decade the two companies have been promoting initiatives aimed at reducing emissions and sustainability.

For example, Iberdrola has reached more than 50 infrastructure deployment agreements with administrations, institutions, companies, service stations, dealers and electric vehicle manufacturers.

It also became the first Spanish company to sign up to The Climate Group’s EV100 initiative, with the aim of accelerating the transition to electric vehicles, committing to electrify its entire fleet and facilitate charging for staff in its businesses in Spain and the United Kingdom by 2030.

As for Volvo, it has committed to reducing its CO2 emissions by 40% by 2025, as well as the more ambitious plan to achieve climate neutrality by 2040.

The manufacturer is also a member of the United Nations Global Compact initiative, designed to implement universal sustainability principles. Since 2000, Volvo Cars has been committed to striving to achieve the “Ten Principles” dictated by this agreement to meet environmental challenges.

José María Galofré, CEO of Volvo Car Spain, said that “This agreement further reinforces our commitment to electrification and will allow our customers to recharge their electric models in a much more convenient and simple way”.

For her part, Raquel Blanco, Iberdrola’s Global Director of Smart Mobility, stated that the partnership confirms the company’s efforts to collaborate with all the agents involved to promote sustainable mobility and thus respond to citizens’ interest in moving around in an environmentally friendly way.

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