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 strategic pivot as the automaker balances profitability against fluctuating demand for fully electric vehicles. By extending the reach of its hybrid models, Volvo aims to cater to consumers seeking lower-emission options without compromising on driving range. The decision underscores the ongoing tension between sustainability goals and market realities in the automotive industry.
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 ...
