Volvo Cars to Unveil V60 Plug-in Hybrid
According to the company, the Plug-in Hybrid, which will be launched on the market in 2012, is the result of close cooperation between Volvo Cars and Swedish energy supplier Vattenfall.
In January 2007, Volvo Cars and Vattenfall launched an industrial partnership whose aim was to test and develop plug-in technology. This cross-border initiative resulted in the foundation of a jointly owned company - V2 Plug-in-Hybrid Vehicle Partnership.
Development work has been jointly financed. Now the project is on the threshold of introducing the market's first diesel plug-in hybrid. It's an attractive car type that gives the user access to the very best properties of both an electric car and a diesel-powered vehicle: very low fuel consumption and CO2 levels, combined with long range and high performance.
When powered solely by electricity, the V60 Plug-in Hybrid has a range of up to 50 kilometres. The car's total operating range is up to 1200 km. Carbon dioxide emissions will be an average of 49 grams per kilometre (EU Combined) and fuel consumption will be 1.9 litres per 100 km.
The cost of the battery pack means the plug-in hybrid will be more expensive to buy than a Volvo V60 with a conventional combustion engine. On the other hand, fuel costs will be one-third compared with a conventional combustion engine. The cost of running on electricity in Sweden has been calculated at about 2.50 kronor per 10 km. The exact cost will vary from one market to another.
Stefan Jacoby, president and CEO of Volvo Cars, said: â€œNo industry or organisation can tackle the climate challenge all by itself. It is our mission to develop carbon dioxide-lean cars, but a sustainable future must be created jointly by everyone in society.
â€œThis project shows how cooperation between experts in different areas brings us closer to the transition from individually carbon dioxide-lean products to a climate-smart lifestyle.â€
Will the move benefit the firm?
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