The maker of some of the world's safest vehicles will soon be the maker of one of the world's most fuel-efficient vehicles. Volvo announced today plans to produce a plug-in hybrid vehicle that will be available in 2012.
"Most car journeys are short trips, for instance to and from work. We will be able to offer a product that fulfills this transportation need. In order to cover longer distances as well, the car will also be equipped with one of Volvo's fuel-efficient diesel engines," Volvo President and CEO Stephen Odell said in a press statement.
The new development will be a joint venture between Volvo and Swedish energy company Vattenfall. Volvo plans to create a plug-in version of an existing model rather than create a new one, and its charging systems will be developed and supplied by Vattenfall.
Volvo has previously stated its plans for a fleet of 10 plug-in hybrids. The Swedish car company did not name which of its existing cars will be the first to go plug-in, but last year Volvo road-tested the ReCharge Plug-in Hybrid, which is based on the C30 coupe platform and uses a diesel engine to power the lithium ion batteries. … Read more