Starbucks and Volvo Cars are teaming to pilot the installation of electric vehicle charging stations at the coffee chain’s stores in five states in the U.S. The two companies will engage in the program to survey the usage and potential scalability of EV chargers at SB outlets across the country.
The partnership between Starbucks and Volvo has been announced on Tuesday, March 15. Under the pilot program, Volvo will be installing around 60 Volvo ChargePoint DC fast chargers at 15 Starbucks branches along the driving route from Colorado to the coffee chain’s headquarters in Seattle. The distance has been calculated to be around a 1,350-mile route.
As per CNBC, the Swedish luxury vehicle manufacturer and cafe company will closely observe the stations and evaluate the impact on EV owners. In this way, they can ascertain if expanding the program is a good idea or not.
It was said that the lack of charging stations is one of the major obstacles to EV adoption. In an effort to solve this, many automakers and charging companies are joining forces to put up chargers in strategic locations in the U.S. as well as assess the usage of the drivers.
Starbucks and Volvo’s plan is to install the EV chargers in locations every 100 miles which is the usual battery range of most EVs. The fast chargers are scheduled to be built this summer and completed before this year ends.
All Volvo Car owners can access the charging stations at Starbucks outlets for free or at preferential rates. It should be noted that owners must have a ChargePoint account to use the charger. For the coffee shop, this program is part of its efforts to move to a more sustainable future.
“We have a bold long-term sustainability vision and ambitious goals for 2030,” Kevin Johnson, Starbucks’ president and chief executive officer, said in a press release. “Starbucks partners around the world are passionate about protecting our planet and are at the very center of driving the innovation that enables us to give more than we take from the planet.”


Gold Prices Stabilize but Head for Worst Weekly Drop in Six Years Amid Iran War Inflation Fears
Asian Currencies Rebound as Dollar Weakens, BOJ Holds Rates
Oil Prices Slide as U.S. Eyes Iranian Supply Relief Amid Middle East Tensions
Elliott Investment Management Takes Activist Stake in Align Technology
U.S. Markets Post Fourth Straight Weekly Loss Amid Middle East Escalation
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month
Super Micro Computer Shares Plunge After Co-Founder Charged in AI Chip Smuggling Case
DOJ Antitrust Chief Rejects Political Fast-Track for Paramount-Skydance Deal
Trump Signals End of U.S. Military Campaign Against Iran as Markets Rally
Genel Energy Reports FY25 Net Loss Below Fears, EBITDAX Beats Forecasts
Federal Reserve Crisis: DOJ Standoff Threatens Powell's Succession and Rate Stability
U.S.-Iran War Escalates: Marines Deploy, Strait of Hormuz Closure Drives Global Oil Crisis
Jeff Bezos Eyes $100 Billion Fund to Transform Manufacturing With AI
U.S. Stock Futures Steady as Wall Street Retreats on Oil Volatility and Fed Rate Outlook
Trump Issues 48-Hour Ultimatum to Iran Over Strait of Hormuz, Threatens Power Grid Strikes
Cyberattack on Stryker Triggers U.S. Government Warning Over Microsoft Intune Security
FCC Approves $3.54B Nexstar-Tegna Merger, Waiving Broadcast Ownership Cap 



