Volvo is expanding its plug-in hybrid offerings significantly, more than doubling the electric-only ranges of its flagship XC60 and XC90 SUVs. The move reflects a calculated response to fluctuating electric vehicle demand, prioritizing profitability as the automaker balances its transition toward electrification. While the company continues investing in fully electric models, this upgrade underscores a pragmatic approach to meeting consumer preferences in a shifting market. The decision highlights the ongoing tension between sustainability goals and financial 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 ...
