High demand pushes Volvo to build 10,000 V60 plug-in hybrids by end-2014

Article by Anita Panait, on June 10, 2013

Volvo is planning to increase the output of its V60 plug-in hybrid after receiving better-than-expected demand.  The carmaker plans to build 10,000 V60 plug-in hybrids by the end of 2014, up from a previous goal of 4,000 to 6,000 units. According to Volvo, the increasing demand for the V60 plug-in hybrid is partly due to the emissions-based tax breaks provided to the car, which emits only 48 grams of carbon dioxide per kilometer.

A Volvo spokesperson remarked that the V60 plug-in hybrid has done well since the tax exemptions for plug-in hybrids “are so good," adding that demand for the car has far exceeded expectations. Volvo said that for the initial production run of 1,000 V60 plug-in hybrids, the biggest markets outside of Sweden was the Netherlands, Belgium and Germany. Volvo is selling the car only in Europe.

The V60 plug-in hybrid’s starting price of EUR63,995 ($82,500) in the Netherlands is further trimmed by zero new-car purchase tax and favorable company car tax. Starting 2014, vehicles emitting under 50g/km of CO2 will be exempted from annual road tax in the country. A spokeswoman for Volvo in the Netherlands remarked that company drivers pay no tax to use the V60 plug-in hybrid, compared with EUR6,000 to EUR10,000 for a standard car.

She said that private costumers could trim the price to around EUR30,000 with government subsidies. Volvo remarked that when the V60 plug-in hybrid was first announced, there were already buyers for it even they had no knowledge of the spec. The V60 plug-in hybrid is powered by a combo of 2.4-liter diesel engine and an electric motor. It can cruise up to 50km on electric power alone, helping it achieve fuel usage of 1.8 liters per 100km.

Volvo V60 Plug-in Hybrid is the leading model to sport the fully digitized Driver Information Monitor. Volvo has already replaced the traditional analogue gauges with a single LED screen that provides a wide variety of display options. The type of information which will be shown on the menu setup can also be customized by the driver.

Communicating with the system of the car through a mobile application is also made possible. This feature allows the driver to access several intelligent functions including pre-cooling, after-cooling and air conditioning, as well as setting a reminder to attach the charge cable at a predetermined time.

The D6 badge

A D6 badge has been installed in the tailgate of the car. The resulting performance of combining the electric motor and the five-cylinder turbo-diesel engine puts the hybrid strongly within similar horsepower scale as the car equipped with the petrol-powered T6 engine.

The wheels at the front of the V60 Plug-in Hybrid are operated by a 2.4L five-cylinder turbo-diesel engine that produces as much as 215 horsepower and a peak torque output of 440 Nm. The hybrid is also equipped with a six-speed automatic transmission.

The rear wheels, on the other hand, are operated by a 70-horsepower electric motor. The motor is powered by a lithium-ion battery with a capacity of 11.2 kWh. The battery pack is located beneath the load compartment floor.

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