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On Wednesday, Volvo Cars revealed a new investment in bidirectional EV charging startup dcbel. The company’s “r16” Home Energy Station is a full-fledged renewable energy ecosystem featuring solar power, bidirectional charging capabilities for backup power, and a smart home energy management system.

After being the first major premium car brand to commit to a full hybrid or EV lineup for all its models, Volvo aims to sell one million electrified cars by 2025.

Volvo’s first fully electric car, the XC40 Recharge, was launched in 2019, followed by the C40 Recharge, a smaller and lighter crossover version, in March 2021. Between the two models, Volvo saw fully electric sales rise 157% in the first three months of 2023, reaching 18% of total car sales.

The Swedish EV maker plans to launch at least one new electric vehicle each year until mid-decade, including the upcoming EX90 and its smallest SUV yet, the EX30, set for its global debut on June 7 to continue expanding into new segments.

With at least half of Volvo’s sales expected to be fully electric by 2025, the company aims to enhance the ownership experience. Its latest investment in bidirectional EV charging startup dcbel will give buyers a complete home energy management solution.

Volvo-bidirectional-EV-charging
dcbel r16 Home Energy System (Source: CNW Group/dcbel Inc)

Bidirectional EV charging coming to Volvo models

Through its venture capital firm Volvo Cars Tech Fund, Volvo announced it would support dcbel’s research and development (R&D) and go-to-market endeavors for its home energy system.

The system automates home energy management by converting solar power from rooftop photovoltaics and storing it in stationary battery storage.

Owners can also leverage the bidirectional charging to send energy from a Volvo EV back to their homes to save on utility costs during peak hours (vehicle-to-home) or be compensated for selling it back to the grid (vehicle-to-grid). It also supports charging two EVs simultaneously.

The dcbel r16 Home Energy Station is a complete solution, replacing the following equipment:

  • Fast DC bidirectional EV charger
  • Level 2 EV charger
  • Solar Inverter
  • Stationary battery charger
  • Smart home energy manager

Alexander Petrofski, CEO of Volvo Cars Tech Fund, explains how “Home Energy Management Systems will play a vital role as we move towards bi-directionality of electric vehicles,” saying:

Rising energy prices coupled with frequent blackouts are challenges faced by consumers today and our investment in dcbel and their technology can help alleviate those challenges for our customers.

Customers who purchase dcbel’s home energy system will have the option to customize and buy their vehicle and renewable energy in one bundle online. Once active, homeowners can view and control their energy through the smartphone app, with it updating every five minutes to calculate the best ways to use, store, or sell their home energy.

Volvo already said its upcoming EX90 would be the brand’s first electric car with bidirectional EV charging capabilities.

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Report: Ferrari were SO impressed by the Xiaomi SU7, they bought one

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Report: Ferrari were SO impressed by the Xiaomi SU7, they bought one

With its tire-blistering acceleration and record-setting performance, the Xiaomi SU7 Ultra has been getting attention throughout the auto industry, impressing everyone who’s seen it. That “everyone” now seems to include the OG supercar brand, itself.

CarNewsChina posted pictures from a Weibo user that reportedly show a Xiaomi SU7 Ultra exiting the storied Ferrari factory in Maranello, Italy. According to a Chinese blogger going by 西米露在博洛尼亚 (which seems to translate to “Sago Dessert in Bologna”), the prancing horse brand is actively benchmarking the Chinese hypercar for its own upcoming EV.

The SU7 Ultra was definitely coming from inside Ferrari’s facility. After verification, we learned this specific vehicle was officially purchased by Ferrari for testing, and the development of their next-generation electric platform.

西米露在博洛尼亚

Yet another Chinese auto blogger, 苏黎世贝勒爷, claims that Ferrari representatives visited Xiaomi headquarters last year, allegedly to discuss the joint development of next-generation high-performance EV motors.

The Xiaomi SU7 Ultra made its debut last year, promising 1,548 hp, sub 2.0-second 0-60 mph times, and a top speed well over 200 mph – all at a price lower than a Tesla Model S Plaid or Porsche Taycan Turbo GT. The car sold out almost immediately after it was unveiled, racking up some 50,000 orders almost overnight.

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The new electric benchmark


Xiaomi SU7 Ultra at Fiorano; via Weibo user Piniluoshan.

In the automotive world, “benchmarking” is a process in which car companies systematically tear down each others’ competitive products to compare everything from sound insulation, vehicle ride and handling, component materials, and even manufacturing methods against their own or against other industry leaders. The goal is to evaluate performance, cost, quality, and other key metrics, effectively figuring out “where they stand” in the market.

If Ferrari really did buy an SU7 to benchmark it against their own upcoming electric supercar, it’s more than just a curiosity – it could mean that the highest tiers of automotive innovation have shifted from West to East. Maybe forever.

Featured image via Xiaomi; sources throughout the post.


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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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Chevy teases new Bolt w/NACS, front fascia redesign, rear brake lights

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Chevy teases new Bolt w/NACS, front fascia redesign, rear brake lights

We’re finally getting our first teases of the upgraded 2027 Chevy Bolt, built on GM’s battery/motor platform formerly known as Ultium. So far, so good for the vehicle, which will be revealed later this Fall.

Chevy took to social media today to tease the 2027 Chevy Bolt, saying, “You asked, we listened. The #ChevyBolt is back and better than ever. More this fall. 👀”

Chevy ended the original Bolt program with the 2023 model, which was loved by a loyal group of customers (including myself). Some of the major gripes, including charging speed and rear brake lights, already look to be addressed. Also, a new more aggressive fascia is debuting.

Electrek’s take

GM has done an incredible job keeping the 2027 Bolt under wraps. It will be the first GM vehicle with a native NACS port after the Cadillac Optiq-V, which we spied in Seattle last week.

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Hopefully, the new Bolt will have improved charging speeds over and above the 54kW that previous Bolts adhered to. One possible downgrade is that the old Bolt’s amazing wireless CarPlay/Android Auto system will likely be replaced by GM’s move to Android’s built-in experience. For a few years, the Chevy Bolt was the most affordable long-range EV, and it won our 2022 Electrek car of the year for its versatility and price.

I would, of course, like to see the new Bolt as a hot hatchback, but GM CEO Mary Barra has hinted that it will likely take more of the EUV’s SUV form factor. Things like AWD options, SuperCruise, pricing, power and range are yet to be revealed, but stay tuned to Electrek for the latest on Bolt developments.

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Tesla tops another ADAS test, Hyundai tops range tests, and Texas gets BESS

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Tesla tops another ADAS test, Hyundai tops range tests, and Texas gets BESS

On today’s test-acular episode of Quick Charge, it’s a new day and a new Chinese ADAS test for Tesla to conquer – but this one’s got a LOT more pedestrian carnage to parse through! We’ve also got some great e-bike deals from Retrospec and a bladder-busting Hyundai.

Today’s episode is brought to you by Retrospec – the makers of sleek, powerful e-bikes and outdoor gear built for everyday adventure! To that end, we’ve got a pair of Retrospec e-bike reviews followed up by the updated Hyundai IONIQ 6 with nearly 350 miles of range from its updated long-range battery. With that, Hyundai now has the longest range Korean EV on the market, while Texas is adding megawatts of battery energy storage to beef up its troubled grid, and it’s doing so faster and cheaper than ever before.

PlusQuick Charge listeners can get an extra 10% off the price of their next awesome e-bike by using code ELECTREK10 at retrospec.com!

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

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New episodes of Quick Charge are recorded, usually, Monday through Thursday (most weeks, anyway). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.


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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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