Volvo Prices V60 Diesel Plug-in Hybrid Wagon for Europe

By · December 13, 2011

Volvo V60 plug-in hybrid

Volvo prices its V60 diesel plug-in hybrid at $75,200 in Europe.

Volvo officially announced European pricing for its V60 diesel plug-in hybrid wagon. The vehicle, which is scheduled to launch in 2012, will start at 57,000 Euros (US $75,200). In the UK, prices will start at £45,000 (US $70,142 US). All prices exclude any government subsidies for plug-in vehicles.

The European pricing signals the direction Volvo might move when it launches a plug-in hybrid in the United States in 2012—but the U.S. version is unlikely to use the V60 platform or utilize a diesel-electric system. Therefore, it's too early to equate the European price with what American consumers might be offered.

Proclaimed the world's first diesel plug-in hybrid, the V60 offers three driving modes: Pure, Hybrid or Power. In Pure mode, the V60 is powered solely by its electric motor and boasts a range of up to 31 miles. In Hybrid mode, the diesel wagon uses both it oil-burning engine and its electric motor. In this mode, fuel consumption is estimated at 124 miles per US gallon—the figure is based on results from Europe's lenient fuel economy tests. Finally, in Power mode, the V60's diesel engine and electric motor are optimized to crank out a combined 285 horsepower and 472 pound-feet of torque. In this mode, the V60 plug-in can zip from 0 to 62 mph in 6.2 seconds.

Volvo V60 plug-in hybrid

Volvo is apparently marketing its plug-in hybrid wagon for its versatility, including all-wheel drive, towing capacity, and suitability to cold weather.

The Volvo V60 plug-in hybrid is powered by a five-cylinder, 2.4-liter turbodiesel engine that sends power to the front wheels while an electric motor spins the wagon's rear wheels. The electric motor gets juice from a liquid-cooled, 11.2-kWh lithium-ion battery pack installed under the vehicle's rear cargo area. The plug-in wagon is capable of hitting speeds up to 74 mph in electric-only mode.

“With the V60 Plug-in Hybrid we boost our leading position in electrification. None of our competitors can offer customers an equally ingenious car. It elevates hybrid technology to an entirely new level. The on-demand possibility to choose between the car's three different temperaments makes the V60 Plug-in Hybrid superior to all other hybrids on the market. Thanks to the Pure, Hybrid and Power buttons, the V60 Plug-in Hybrid is the perfect choice for the uncompromising customer who wants minimum carbon dioxide emissions combined with maximum driving pleasure.”

Stefan Jacoby, Volvo president and chief executive officer

Volvo expects to sell at least 1,000 V60 luxury plug-ins by the end of 2013. "There is immense interest from the markets. We are convinced that the first thousand cars will be sold even before production gets under way next autumn," said Jacoby. How does Volvo define "immense?" The Swedish automaker predicts that its production volume will eventually jump to 4,000 to 6,000 units per year.


· · 6 years ago

I think their estimated sales are realistic at that price point. Will these vehicles be manufactured in Sweden or in China? Recall last year Volvo was sold to Geely Automobile of China for $1.8 billion.

· goldenfooler (not verified) · 6 years ago

Volvos are still made in sweden/belgium. China has not built any factories yet. It is not expected to be cars for Europe or America coming from China(at least for 4-5 yrs). I think the 1000 cars is because of the lack of abilty to keep up with production on all the other cars. They need more manfacturing ability. The USA might get a plant in the next 2 years.. thats a big might.

From a US dealer(I sell them in NJ) prospective this is a huge price point and wouldn't be able to sell here.
What package does this have in at the price stated?
Only coming in one color to start off with as well. I am guessing the packaging will all be the Top of the line, Nav, Tech package ect.

· Londo Bell (not verified) · 6 years ago

Volvo won't be able to see many at that price point, worldwide. It's not really a "luxury" level vehicle class like BMW, Lexus, MB, Infiniti, etc. It's a semi-luxury model at this point.

Most likely a 5 seater instead of 7, Tesla Model S looks much better in terms of performance, comfort, and price (@ $75K, you are looking @ the 300 mi "S").

It's possible to "sell" 5000 vehicles, if you define "sell" as in selling to government, fleets, research use, etc., in addition to retail sales.

· goldenfooler (not verified) · 6 years ago

But remember this is not marketed at the tesla crowd. This is a wagon and its AWD hybrid with a plug in.
I am thinking this is also a kinda of test fleet for the software to be put into things like the V30 and XC60 in the US market. Using the same power train.
This in the USA would be sellable at 55-60k.

· · 6 years ago

@goldenfooler "This in the USA would be sellable at 55-60k."

But, how many per year ? 3,000 ?

· · 6 years ago

At $75k just think how much money you can save compared to a Fisker Karma!!! :)

If they produced these things in normal Volvo quantities with a modest increase (maybe +$5k to $10k over ICE) I am sure this would be a very appealing vehicle and they would sell a lot of them worldwide.

· · 6 years ago

Call me pious, but if I had $75k for a car, I'd get a Leaf for $27k and put the rest into an extra rental unit or something. Maybe take a real vacation. hehe. But it's nice to see the possibility of making a plugin hybrid for only $75k.

· goldenfooler (not verified) · 6 years ago

@evnow 3000 a year in the USA would be ok right now. They don't have the ability to manfuacture them in large quanties so the point isn't worth discussing. We can't get enough of most cars from Volvo as it is.

Volvo is only selling around 60k cars this year in the USA, so 3000 of a small subgroup of cars shouldn't be that bad. Either way we won't be getting this as wagons are not in vogue. My hope is that the XC30/V30 will be the car that gets the tech, this is a car thats rav4 in sizing and seems to be coming out in 1 1/2 years.

· Anonymous (not verified) · 6 years ago

Makes those complaints of 40K for the Focus EV [being too high] kind of silly. You can get almost 2 of these (or one of a Focus, Leaf or Volt) for the price of one (yes I know this is a "luxury" vehicle compared to the others). Way too high for price point.

· Londo Bell (not verified) · 6 years ago

@ Anon,

"Makes those complaints of 40K for the Focus EV [being too high] kind of silly"

2 wrongs don't make 1 right...

FFE is still priced way too high (for a compact, conversion EV).

· · 6 years ago

I love the idea of going pure EV for 30 +/- miles, a hybrid after that and a lot of horses when you want them. It's a great idea. Power when you want it or need it, otherwise, for the other 95% of the time, good EV / hybrid driving. It's even in a wagon. I just don't have that kind of coin to put into car. I'd like to be one of those early adopters, but it's way out of my price range.

· Mike I. (not verified) · 6 years ago

You guys are way off the deep end complaining about the price. The author should know better than to just do a straight currency conversion from Euro or Pounds to Dollars. Cars are NEVER priced like that. I just ran the configurator at UK and USA sites and the USA price for an XC60 T6 was $40,325. As close as I could get the specs in 5 minutes on the UK site, the price was 41,610 pounds. A straight currency conversion from the UK price is $64,430. The biggest chunk of the difference is the VAT included in the European prices. So, a base V60 diesel PHEV for 45,000 pounds sounds very good to me. They should be able to sell it for the same absolute number in USA before tax, title, license, etc. that we pay here. Not to mention that it should be cheaper in USA when they drop in a gasoline ICE in place of the diesel. I think the T5 engine available in the UK V60 (I4 2.0T with GDI) would be a good one. I'll take that drivetrain in a V70 please. Um, well, not likely....

· goldenfooler (not verified) · 6 years ago

Thanks for doing that for me. I was thinking of it this morning and didn't have time yet.
Another thing is 1000 to be sold as a model 2013. I think they will start in Jan. the 2014 model to be delivered to showrooms. They did this with the S60 T6 as a 2011 and then in Jan the 2012 was put out along with the T5 S60.

If we go with the difference of normal selling price from one country to another with taking out things like navigation among other products the price would be within range of those only needing/wanting one car with alot of flexiablity.

So nav is $2700, going to a smaller wheel less R design package drop $2k(still keeping the normal sunroof, leather, heated seats)
$75k -$24k=$51k-$4700=$46300+taxes(NJ 7%) $3241+MV(NJ $399)+ Doc fee(give it 199)= $50,139.
If you owned a Volvo then theres owner loyalty(right now $1000).
Also then take out the whatever state/goverment incentives there are if it was out.
Add in the USA Safe and Secure coverage(5yr/50k maintaince,brakes wipers ect) worth at least $2800.
Even without the incentives from the goverment it wouldn't be a bad buy.

· goldenfooler (not verified) · 6 years ago

The XC60 hybrid has been announced somewhere and its all over the web.

this is one link..

This is something that will be hard to keep on the lots. Even at a high price.

· goldenfooler (not verified) · 6 years ago

this one has videos of the system.

· · 5 years ago

The V60 will be coming to the USA and Canada. It hasn't been officially announced but there are way too many signs pointing to yes.

Nobody has any official word on the hybrid version or if it will be a plug in.

I do know that in 2015 the new XC90 will come in as a hybrid. It will be 6 months after the normal model is in the showrooms.

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