Volvo Cars has acquired a stake in electric car charging company FreeWire Technologies via the Volvo Cars Tech Fund, deepening the company’s commitment to a fully electric future. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. Earlier this year, the Swedish automaker, who is now backed by China’s Geely, announced it aims for 50% of sales to be ‘fully electric’ by 2025.
