Connect with us

News

Volvo teams with Starbucks to install EV charging network at U.S. locations

Starbucks and a Volvo Recharge C40 (Credit: Volvo)

Published

on

Volvo Car USA and Starbucks are partnering to establish the first public electric vehicle charging network at numerous U.S. locations beginning this Summer. The charging stations, powered by ChargePoint, will be installed at up to 15 stores along a 1,350-miles corridor from Seattle to Denver.

At the 15 locations, up to 60 Volvo-branded DC fast chargers supplied by ChargePoint will be placed at various Starbucks locations along a 1,350-mile route from company headquarters in Seattle to Denver, Colorado. The charging locations will be separated by about 100 miles, a perfect distance for even the lowest-range EVs on the market.

Starbucks Static Map (Credit: Volvo)

The DC fast chargers will give customers the opportunity to give their car, and themselves, additional charge with electrodes and caffeine. Expanding charging network infrastructure to retail locations, especially quick stops like a coffee shop, help EV drivers obtain even a few additional miles of range. ChargePoint’s DC fast chargers would supply Volvo’s C40 Recharge from 20 percent state of charge to 90 percent in just 40 minutes. That’s plenty of time to order a coffee and enjoy it, returning to your near fully-charged car.

Any electric vehicle will be able to utilize the ChargePoint DC fast chargers, but only Volvo’s vehicles will charge for free, a press release from Volvo said.

Volvo Recharge models with Google embedded can use the ChargePoint app to locate and access the Starbucks-located charging stations along the route. The ChargePoint app is integrated into Volvo Recharge models’ in-dash system.

Installations of the new EV chargers are expected to be finished by the end of 2022. The locations are positioned for stress-free travel between the Rocky Mountains and Pacific Northwest, in a string of familiar, reliable, clean, and safe places to recharge themselves and their battery-powered vehicles, Volvo said.

Advertisement

“Volvo Cars wants to give people the freedom to move and lower their impact on the environment,” Anders Gustafsson, Sr. Vice President Americas and President and CEO for Volvo USA, said. “Working with Starbucks we can do that by giving them enjoyable places to relax while their cars recharge.”

While Volvo plans to be all-electric by 2030, Starbucks said in a press release that it also plans to lead the retail industry in decarbonization solutions, including EV charging stations and onsite solar at stores. Starbucks has plans to expand its solar pilot program to 55 additional locations this year.

Volvo slates 2030 as its year to go fully electric

“We are thrilled to partner with Volvo Cars to test how we can charge our customers’ electric vehicles at Starbucks stores,” Michael Kobori Chief Sustainability Officer at Starbucks said. “Imagine a future where Starbucks helps our customers to connect—-more sustainably.”

ChargePoint has done incredible work expanding its EV network across Europe. The company also said it was excited regarding the new Volvo-Starbucks partnership. “ChargePoint is enabling accessible EV charging opportunities anywhere drivers need it,” Pasquale Romano, President and CEO of ChargePoint said. “We’re excited to support Volvo Cars’ road to electrification, and help provide a premium driving experience for its customers to plan charging stops around their favorite Starbucks locations in select west coast destinations.”

Advertisement

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

Advertisement
Comments

Investor's Corner

Cantor Fitzgerald reaffirms bullish view on Tesla after record Q3 deliveries

The firm reiterated its Overweight rating and $355 price target.

Published

on

(Credit: Tesla)

Cantor Fitzgerald is maintaining its bullish outlook on Tesla (NASDAQ:TSLA) following the company’s record-breaking third quarter of 2025. 

The firm reiterated its Overweight rating and $355 price target, citing strong delivery results driven by a rush of consumer purchases ahead of the end of the federal tax credit on September 30.

On Tesla’s vehicle deliveries in Q3 2025

During the third quarter of 2025, Tesla delivered a total of 497,099 vehicles, significantly beating analyst expectations of 443,079 vehicles. As per Cantor Fitzgerald, this was likely affected by customers rushing at the end of Q3 to purchase an EV due to the end of the federal tax credit, as noted in an Investing.com report. 

“On 10/2, TSLA pre-announced that it delivered 497,099 vehicles in 3Q25 (its highest quarterly delivery in company history), significantly above Company consensus of 443,079, and above 384,122 in 2Q25. This was due primarily to a ‘push forward effect’ from consumers who rushed to purchase or lease EVs ahead of the $7,500 EV tax credit expiring on 9/30,” the firm wrote in its note.

A bright spot in Tesla Energy

Cantor Fitzgerald also highlighted that while Tesla’s full-year production and deliveries would likely fall short of 2024’s 1.8 million total, Tesla’s energy storage business remains a bright spot in the company’s results.

Advertisement

“Tesla also announced that it had deployed 12.5 GWh of energy storage products in 3Q25, its highest in company history vs. our estimate/Visible Alpha consensus of 11.5/10.9 GWh (and vs. ~6.9 GWh in 3Q24). Tesla’s Energy Storage has now deployed more products YTD than all of last year, which is encouraging. We expect Energy Storage revenue to surpass $12B this year, and to account for ~15% of total revenue,” the firm stated. 

Tesla’s strong Q3 results have helped lift its market capitalization to $1.47 trillion as of writing. The company also teased a new product reveal on X set for October 7, which the firm stated could serve as another near-term catalyst.

Continue Reading

Elon Musk

Elon Musk’s xAI becomes Memphis’ 2nd largest taxpayer in just one year: report

Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape.

Published

on

xAI-supercomputer-memphis-environment-pushback
Credit: xAI

Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape. In just twelve months, the company has become the city and county’s second largest taxpayer.

The update was related in a report from The Wall Street Journal.

Memphis’ second-largest taxpayer

xAI is currently transforming a defunct Mississippi power plant into a crucial hub for AI, supplying electricity to its Colossus supercomputer cluster and its successor, Colossus 2. Together, the Colossi supercomputers will host more than half a million Nvidia chips that would be used for the development and improvement of Grok, xAI’s large language model. 

The buildout has injected billions into the region, making xAI one of Memphis’s most significant private investors and a symbol of the city’s high-tech aspirations. Bill Dunavant III, a Memphis businessman who sits on the board of directors of the city’s chamber of commerce, highlighted xAI’s contribution to the city’s economy in a comment to the WSJ

“In one year, xAI has become the second largest taxpayer in the city and county after FedEx,” he said. A spokesman for the Greater Memphis Chamber of Commerce has also stated that xAI has demonstrated “substantial economic commitment to our region, without any tax incentives.”

Advertisement

Not without controversy

Despite the economic boost, xAI’s footprint has drawn scrutiny. The company’s natural-gas-powered turbines are expected to consume a substantial amount of water and electricity. Critics have also expressed worries about pollution and increased utility costs, though others see Musk’s wastewater recycling plans and cleanup initiatives as meaningful offsets.

As per the WSJ, xAI’s positioning in the market may be quite different than what Musk is typically used to, considering that the CEO tends to become a first mover in key industries, such as the EV segment with Tesla and private spaceflight with SpaceX. With xAI, however, he is catching up to competitors, the most notable of which is a company he co-founded, OpenAI, and its ubiquitous large language model, ChatGPT.

Continue Reading

News

Tesla all but confirms that affordable Model Y is coming Tuesday

It does appear that October 7 would be the date when the world sees Tesla’s actual idea of what an affordable vehicle would be like.

Published

on

Tesla has released a cryptic teaser of a product that would be announced on Tuesday, October 7, 2025. Based on the company’s hint, it does appear that the product would be the affordable Model Y that has been spotted doing road tests across the country over the past months.

Affordable Model Y sightings

Last week, news emerged that a number of key Tesla influencers visited Gigafactory Texas for a private event. These included veteran Tesla YouTubers, car reviewers, influencers on X, and even a teardown expert who provided the initial insights on how to improve the original Model 3 sedan. At the same time, an uncovered unit of the apparent affordable Model Y was posted online. The vehicle was reportedly sighted close to Giga Texas. 

The new Model Y variant had some notable changes from the standard Model Y. Its fascia seemed inspired by the Model 3 sedan instead of the Cybertruck, and its roof seemed blacked out. Overall, it looked like a simpler Model Y designed to be offered at an affordable price. 

The weekend teasers

Teasers about an upcoming product were posted by Tesla’s official account on social media platform X, though the electric vehicle maker made it a point to keep things very vague. Initially, a closeup video of what appeared to be an aero wheel was posted, though it was vague enough that some speculated that it could be Elon Musk’s long-announced HVAC system instead. 

On Sunday, another teaser video was posted featuring the headlights of a new car. This brought speculations that the new Roadster might finally be announced. Inasmuch as a new Roadster unveiling would be exciting, however, it was evident that the headlights in the new teaser were a match to the uncovered affordable Model Y unit that was spotted close to Giga Texas a few days ago. With this in mind, it does appear that October 7 would be the date when the world sees Tesla’s actual idea of what an affordable vehicle would be like.

Advertisement
Continue Reading

Trending