Volvo to offer V60 plug-in diesel hybrid at €57,000 in Europe, CEO says
By Julybien, 11 Jan, 2012. 0 Comments
2012 Volvo V60 Plug-in Hybrid
Volvo Car Corp. will start selling V60 plug-in diesel hybrid in autumn at a tag price of EUR57,000, CEO Stephen Jacoby told Automotive News Europe. The company will initially produce 1,000 V60 units this year and plans to increase production next year to offer variants at a price closer to EUR50,000, which is the current price of the diesel V60.
"The V60 plug-in hybrid won't be just a technology showcase, but also our halo model in Europe," Jacoby said, adding that the car would be profitable from the first day of sales. The V60 plug-in diesel has an all-electric of 50 km and fuel economy of 1.9-liters per 100km. The V60 plug-in diesel offers low fuel consumption as it can tap into electricity stored in batteries.
The company is planning to introduce V60 plug-in gasoline hybrid in North America and China that will start selling by 2014 in the U.S. The gasoline hybrid may also be sold in Europe. Volvo’s CEO remarked that the powertrain of V60 plug-in gasoline hybrid could also be used in either the XC60 crossover or S60 sedan. Volvo, meanwhile, launched its XC60 Plug-in Hybrid Concept on January 9 at the Detroit auto show.
The XC60 plug-in has an all-electric range of 57km and guzzles 2.4 liters of gasoline per 100km in hybrid mode. Its powertrain includes a 70-hp electric motor and a 280-hp, four-cylinder turbocharged gasoline engine.
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