Volvo is expanding its plug-in hybrid offerings significantly, more than doubling the electric-only ranges of its flagship XC60 and XC90 SUVs as part of a strategic pivot. The move reflects the automaker’s focus on balancing profitability with shifting consumer demand for electric vehicles. While fully electric models remain a priority, the upgrades aim to address market realities where plug-in hybrids continue to play a key role. The adjustments signal Volvo’s cautious approach to electrification amid evolving market conditions.
Volvo will upgrade its plug-in hybrid lineup by more than double than the electric-only ranges of the XC60 and XC90 SUVs. The strategic shift protects profitability amid uneven EV demand while ...
