- Volvo unveils new incentive offering one year of free home charging
- This is possible thanks to the partnership with the Swedish energy company Vattenfall
- However, the savings aren’t as big as you think
Volvo has launched a new initiative aimed at buyers in its home country of Sweden, offering a year of free home charging to anyone leasing or purchasing a new Volvo EV.
Available in February 2026 to anyone living in the Scandinavian country, the deal is a partnership between the automotive brand and Swedish energy company Vattenfall, which will offer fossil-free home charging for a year.
Volvo says the deal will cover up to 5,150 kWh per year, which translates to about 25,000 km (around 15,535 miles) of driving based on its EX90 WLTP efficiency rating.
Customers must sign a contract with Vattenfall, which will then supply energy to the home, while using Volvo’s in-car smart charging app.
This essentially uses software to change charging times to reduce costs and off-peak CO2 rates, which are typically at the quietest times of the night when a region’s energy consumption is typically at its lowest.
Volvo says the electricity costs for charging a car at home will be calculated and deducted from a monthly Vattenfall bill.
But after doing some basic calculations, the deal equates to between £350 and £450 (around $470 / AU$720), based on one kW of off-peak energy costing around 0.85 SEK (Swedish krona).
This would bring the incentive in line with what other electric vehicle makers have offered in the past, like offering a free home wall charger or a year of credits on a fast charging network, for example.
A potential global deployment
This recent move by the Swedish brand serves two purposes: it is designed to encourage buyers to switch to electric vehicles, but also to educate owners about the benefits of scheduling off-peak charging, which is almost always greener and cheaper.
Depending on the success of the program, Volvo says it could lay the foundations for a wider global rollout, underscoring the fact that it believes electric vehicles should play an active role in the future energy ecosystem.
Next year, vehicle-to-everything or V2X technology will launch on vehicles with this capability, such as the EX90 and the recently revealed ES90 sedan.
This will allow customers to use their EV batteries as an additional energy storage system to power home environments, while also opening up the possibility of selling the energy back to the grid.
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