Volvo will introduce a "virtually production-ready" plug-in hybrid version of it's V60 sports wagon at the upcoming Geneva Motor Show. Expected to hit showroom floors in 2012, the hybrid V60 splices together a 2.4-liter D5 turbodiesel driving the front wheels with a 70 horsepower electric motor at the rear axle. According to Volvo this configuration delivers incredibly miserly fuel consumption of 124 mpg (1.9 l/100 km) along with the ability to cover 31 miles (50 km) using only the electric drive.

The 2.4-liter D5 turbodiesel driving the front wheels produces 215 horsepower and maximum torque of 440 Nm while the ERAD (Electric Rear Axle Drive) is fed by a 12 kWh lithium-ion battery pack.

Carbon dioxide emissions are slated at below 50 g/km.

"In order to get true car enthusiasts to think green, you have to offer them the opportunity to drive with low carbon dioxide emissions without taking away the adrenaline rush that promotes genuine driving pleasure," says Stefan Jacoby, President and CEO of Volvo Cars. "The V60 Plug-in Hybrid has all the traditional properties of a genuine sports wagon. What we've done is to spice it up with spearhead technology,"

Volvo collaborated with Swedish energy supplier Vattenfall to develop the plug-in hybrid system.

More details when the V60 Plug-in Hybrid takes to the stage in Geneva on March 1, 2011.

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