The two businesses announced on Tuesday that Volvo Cars has invested in UK company Breathe Battery Technologies and will leverage its battery software to reduce the charging time for its upcoming line of electric vehicles by thirty percent. The amount invested by the Swedish company's corporate venture capital arm, Volvo Cars Tech Fund, was not disclosed by the carmaker.

In the next two to three years, new Volvo EVs should be equipped with Breathe's technology. According to Reuters, Ann-Sofie Ekberg, CEO of Volvo Cars Tech Fund, "this really comes down to reducing a pain point for customers."

According to Ekberg, the investment in Breathe guarantees that we receive insights, priorities, and excellent collaboration—all of which enable us to be early adopters. Although rapid chargers may recharge EVs more quickly, the software in such vehicles frequently limits power input to prevent the battery from overheating or being damaged, which presents a significant issue for automakers.

According to Ian Campbell, CEO of Breathe, the company's algorithm-based charging software gives users more insight into the condition of each individual cell in the battery pack, enabling EV charging at maximum power without compromising safety or changing the chemistry of the battery.

This is only the beginning of what will be a drastically significant shift in batteries as they become more software-defined. It is believed that quicker charging periods will be essential in convincing more consumers to convert to electric cars. The other software solution from Breathe helps make batteries more robust and function at their best for far longer. It is now available on 27 Oppo smartphone models.

Breathe is striving to make this solution available for EV batteries since automakers place a high priority on improving battery performance and longevity. According to Campbell, the business is collaborating with many "top-tier blue-chip brands like Volvo," though he would not name them.