Volvo has brought its "virtually production-ready" V60 Plug-in Hybrid to this week's Australian International Motor Show, following its unveiling in Geneva earlier this year.
Power for the plug-in hybrid is provided by Volvo's D5 150kW 2.4 litre five-cylinder turbodiesel engine - which also features in the regular S60/V60 range - paired with an electric motor producing 50kW and 200Nm of torque.
With the diesel engine driving the front wheels and the electric motor mounted at the rear axle, the V60 plug-in hybrid sprints to 100km/h in 6.9 seconds when in 'Power' mode - a full second quicker than the regular D5-equipped V60.
"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," Volvo CEO Stefan Jacoby said.
"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."
Although a number of brands are working to bring diesel/electric hybrids to market, Volvo says its hybridised V60 is the world's first plug-in hybrid diesel. Its plug-in charging capacity gives a unique capability (for a hybrid) of running on electricity alone for up to 51 kilometres.
Thanks to the combined power of electricity and diesel fuel, the V60 Plug-in Hybrid offers a theoretical driving range of 1200km, with fuel consumption listed at an incredible 1.9 l/100km.
Pricing and a launch schedule for the V60 Plug-in Hybrid have not been revealed yet, and Volvo admits that the advanced technology - and the expensive battery pack - means that the plug-in hybrid will cost more to buy than a regular V60.
"On the other hand, fuel costs will be one-third compared with a conventional combustion engine," Volvo's press release reads.