Volvo's 49g/km plug-in hybrid coming late 2012
29 March 2011
Volvo's plug-in electric hybrid V60 will be launched at the end of 2012, with the firm promising a battery-only range of up to 32 miles and emissions of 49g/km.
The car has been confirmed for production, which means it will join the Vauxhall Ampera, Chevrolet Volt and Toyota Prius plug-in, all due for launch around 12 months from now. As well as the rechargeable 32-mile battery range, the V60 will run as a diesel hybrid, and Volvo is quoting 150mpg on the official consumption test. The hybrid system combines battery power with a 215hp D5 diesel engine, which is likely to make it the first plug-in diesel hybrid on sale.
"No-one knows how it's going to work. The residual value guides are naturally nervous about anything new as they've got no historical data, so it's almost first move disadvantageous at this point," said Volvo UK sales director Nick Connor. "Coming a little bit later is giving the market time to adapt to the idea of electric cars."
Pricing hasn't been set yet, but Volvo has confirmed the car will cost more than a standard V60, although fuel costs are likely to only be around a third of the diesel model. Volvo said it is looking at an eight- to 10-year battery life, which it hopes will help RVs as the car will have second user appeal after three or four years.
It's also likely to lead to further models. "It would be logical to suggest that there must be a broader return on investment, but no-one is talking about where it might go" said a spokesman.
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