Volvo is expanding its plug-in hybrid lineup significantly, more than doubling the electric-only ranges of its popular XC60 and XC90 SUVs. The move reflects a calculated strategy to balance profitability as demand for fully electric vehicles remains inconsistent. By offering longer-range hybrids, the automaker aims to cater to a broader customer base while navigating the challenges of the evolving electric vehicle market. This adjustment could influence how consumers approach hybrid and electric vehicle options in the coming years.
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 ...
