Volvo is dropping the “Recharge” on its XC40 and C40 all-electric models to streamline its portfolio as it moves toward an EV-only future. The Volvo XC40 and C40 Recharge have been revived as the EX40 and EC40 with a new optional performance upgrade and special Black Edition.
Going all in on electric
As one of the first automakers to announce its commitment to an all-electric lineup, Volvo’s early devotion is paying off.
Volvo kicked off the offensive with the fully electric XC40 Recharge, introduced in October 2019. Powered by an AWD powertrain, the electric SUV offered over 250 miles (400 km) range with Volvo’s signature Swedish design.
In March 2021, Volvo launched the C40 Recharge, a smaller crossover aimed at a new market. The only complaint was the model’s limited EPA range (210 mi), while Tesla’s Model Y achieved over 300 mi on the same size battery.
Volvo updated the electric SUVs last year with more range, faster charging, and several new features.
The new XC40 gained up to 270 mi EPA range, while the C40 Recharge featured up to 275 miles. As the automaker moves closer to an all-electric lineup, it’s streamlining its model names to avoid confusion with its hybrids.
Volvo XC40 and C40 Recharge EVs become EX40, EC40
Volvo announced it is streamlining its EV model names as it moves toward becoming an all-EV lineup by 2030.
The electric XC40 and C40 Recharge have been revived as the EX40 and EC40, aligning with its newly launched EX30, EX90, and EM90 EVs.
“By aligning our trailblazing first electric models with the rest of our electric car portfolio, we simplify choice for consumers as we continue to electrify our line-up and refresh our hybrids,” Volvo’s chief commercial officer and deputy CEO explained.
Volvo is also introducing a new Performance software pack for the EX40 and EC40 Twin Motor variants. It will also be available as an upgrade for previous models in select markets.
The new Performance upgrade boosts power output by 34 hp (25 kW) with unique pedal mapping for quicker acceleration. A “Performance” drive mode unlocks up to 436 hp (325 kW) power.
The package will be offered as an option upgrade for new models, while older model-year vehicles can purchase and download it directly to their car.
Volvo is introducing a special Black Edition for new EX40, EC40, and XC40 models. It includes Onyx Black paint, black badging, 20″ alloy wheels, and microtech or textile charcoal interior.
Volvo achieved its 17th straight month of growth in January, with EVs leading the way. Electric vehicles accounted for 16% of Volvo’s total sales last year.
With new EVs in key segments, including the EX30 (check out our review), starting at $35,000, Volvo expects the momentum to continue in 2024. Its first three-row electric SUV, the EX90, and its first luxury electric van, the EM90, are also launching this year.
Electrek’s Take
Volvo is well on its way to becoming an all-EV automaker, with unique models rolling out in popular segments like large SUVs, luxury vans, and affordable models.
Aligning the XC40 and C40 Recharge EVs with its new electric models will help differentiate from its hybrid models. After selling a record 113,419 EVs last year, or 16% of its total sales, Volvo looks to accelerate EV sales with new models launching this year.
By next year, Volvo aims for 50% of its sales, or around 600,000, to be all-electric. CEO Jim Rowan said he believes the automaker is on track to hit its goal.
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Corporate America is investing in clean energy at record levels, with tech giants taking the top spots for users of solar.
Meta, Google, and Amazon are leading the charge in solar and battery storage adoption, according to the Solar Energy Industries Association’s (SEIA’s) latest “Solar Means Business” report.
Meta continues to hold the title of the top solar user in corporate America, with nearly 5.2 gigawatts (GW) of solar capacity installed. Meanwhile, Google leads the way in energy storage, boasting 936 megawatt-hours (MWh) of installed battery capacity. Through the first quarter of 2024, these companies have added the most solar capacity to their electricity portfolios, with major players like General Motors, Toyota, and US Steel also climbing the ranks.
The report reveals that US businesses have installed nearly 40 GW of solar capacity both onsite and offsite through Q1 2024, and corporate storage use now exceeds 1.8 gigawatt-hours (GWh). Even more growth is coming: Companies have over 3 GWh of battery storage under contract that will come online in the next five years.
“Some of the largest industrial and data operations in the world continue turning to solar and storage as a reliable, low-cost way to power their operations,” said SEIA president and CEO Abigail Ross Hopper.
Technology companies are at the forefront of this shift as data center growth drives skyrocketing electricity demand. Amazon, for example, leads the US with 13.6 GW of solar procurements under contract, while Meta and Google each have nearly 6 GW under contract – pipelines over 10 times larger than the next company in the rankings.
Target remains the US’s leading onsite corporate solar user for the ninth year in a row, with Prologis, Walmart, Amazon, and Blackstone also making the top five. For the first time, the “Solar Means Business” report is also tracking corporate battery energy storage, with Google, Apple, Meta, Target, Walmart, Home Depot, and Kohl’s among the top 10 companies using storage to meet more of their energy needs in real-time.
Looking ahead, both offsite and onsite energy storage are expected to play a bigger role in corporate renewable energy strategies. Medical companies like Kaiser Permanente are already using batteries to power microgrids, making their facilities more resilient to outages.
Carolyn Campbell, Meta’s head of clean and renewable energy, East, highlighted the importance of expanding solar capacity to match the company’s global operations with 100% clean energy: “We’re thrilled to rank number one for corporate solar procurement in SEIA’s report this year, and we continue to find ways to grow the grid to benefit everyone.”
Target’s vice president of property management, Erin Tyler, said of Target’s 20-year-old solar program, “Through our commitment to solar, we’re well on our way to achieving our corporate goal of sourcing 100% of electricity from renewable sources by 2030.”
The “Solar Means Business” report also looks at the policies driving corporate America’s adoption of solar. Many companies are taking advantage of the Inflation Reduction Act’s long-term clean energy incentives. To further accelerate their renewable energy investments, businesses are calling for improvements in interconnection processes, new community solar legislation, and simpler tax credit monetization.
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Volkswagen Group Africa has officially begun production of a modern electric farm tractor at its multifunctional facility in Gashora, Rwanda in a bid to advance modern, low-emission agricultural initiatives in Africa.
Part of a larger Rwandan initiative called the GenFarm Project, the new VW tractor is part of a “holistic ecosystem” of electrified farming machinery set to be used throughout rural Africa – where liquid fossil fuels are often just as difficult to come by as electricity. The goal is to provide machinery that’s both sustainable and reliable.
“We are growing our footprint in Africa and regard Rwanda as a key growth market. This project demonstrates our commitment to sustainable practices and highlights our ability to provide mobility solutions to the rural community in addition to the urban community currently serviced by our Volkswagen Mobility Solutions Rwanda business,” explains Martina Biene, Volkswagen Group Africa Chairperson and Managing Director. “The GenFarm Project fosters technological innovation and aligns with Volkswagen Group’s strategy to generate meaningful value for both society and the environment through sustainable mobility.”
The GenFarm project will eventually provide mobility services for transportation of goods and people. In June 2023, Volkswagen Group Africa signed a Memorandum of Understanding (MoU) with the Government of Rwanda to provide land for the establishment of the GenFarm Project.
The Volkswagen tractors’ electric motor produces 20 kW (about 27 hp), making it about the same size as the Solectrac product (which hasn’t worked out well in the US, it must be said). That motor gets its electrons from a 32 kWh swappable battery. Batteries are swapped/charged at the Empowerment Hub to minimize downtime. DC fast charging isn’t available, but the relatively small, swappable batteries (hopefully) mean that’s not much of a problem.
The GenFarm project hopes the new VW electric tractor will help clean up Rwanda’s agricultural sector, which currently accounts for some 25% of the national Gross Domestic Product.
Electrek’s Take
We’ve talked a lot about the lack of new farmers in America, but the problem is global – especially as western companies, and western ideas about consumerism, continue to spread. Products like this electric tractor from VW will make farming cleaner, quieter, and (hopefully) more attractive to young workers.
A new, all electric Peterbilt 579EV is in-service at Honda’s Lincoln, Alabama assembly plant, where it’s busy transporting newly-built Honda cars from the plant to a nearby railhead for shipment to dealers across the country.
Part of a pilot program between Honda, Alabama Power, and Virginia Transportation Corp., the new electric semi truck will help stakeholders gather data about the practicality and performance of the battery-powered Pete and use it to generate case studies for broader electrification initiatives. Other supporters of the pilot project include the Alabama Clean Fuels Coalition and, of course, Peterbilt.
“We remain committed to delivering for our customers and the environment,” offered Leo Doire, owner and CEO of Virginia Transportation Corp. “Our new Peterbilt 579EV model will be tested to determine how well it performs against the high productivity demands of our operations. The partners we have at the table will help us maximize this opportunity and prepare to scale up if we get the results we are hoping for.”
The truck itself has been spec’ed to be perfect for the kind of short haul and drayage applications Honda has in mind. This particular Peterbilt 579EV is fitted with PACCAR’s 400 kWh battery and a 670 hp electric motor good for an impressive 2,050 lb-ft of peak torque at 0 rpm.
The truck offers 150 miles of operating range and can be charged in about 3 hours on a 120 kW charger installed specifically for that purpose. A charger, it should be noted, that was partially paid for by Alabama Power.
“Alabama Power’s ‘Make Ready’ program provides businesses with valuable rebates to help reduce the upfront costs of installing EV infrastructure,” says Alabama Power Electric Transportation Manager Hasin Gandhakwala. “We are committed to partnering with customers who are exploring state and federal grant opportunities. Alabama Power is dedicated to advancing EV technologies to better serve the needs of our customers.”
With the big Pete’s 82,000 lb. GVWR and 150 miles of range between charging sessions, it seems like these guys will be making a lot of back-and-forth runs between the Honda plant and the CSX terminal to me. Here’s hoping they see the benefits of electrifying the rest of their vehicle transport fleets somewhat sooner than later.