Volvo Cars has passed a major marker in its shift to electric: the one-millionth plug-in hybrid delivered worldwide.
In the first half of 2025, plug-in hybrids (PHEVs) made up 23% of Volvo’s global sales.
Annual PHEV volumes have climbed from about 46,000 in 2019 to more than 177,000 in 2024, led by strong demand for the XC60 and XC90 in Europe, the United States and China.
The XC60 was Europe’s best-selling PHEV in 2024 and has topped the global premium PHEV class for three straight years, holding its lead into 2025. Recent updates to both XC60 and XC90 have kept interest high in key markets.
Volvo said its path to a fully electric line-up will keep hybrids in the mix for customers who are not ready to go full EV.
“Volvo Cars is committed to a fully electric future, and we will get there in a pace that suits our customers,” said chief commercial officer Erik Severinson. “Our plug-in hybrid cars are a crucial bridge towards that future for those customers who are not yet ready to go fully electric.”
New product is still coming on the PHEV side. The recently launched XC70 is Volvo’s first long-range plug-in hybrid, with a claimed 200km-plus electric range on the CLTC test.
Company data suggested owners use electric mode for roughly half of their driving time, especially in cities, pointing to lower fuel use while public charging expands.
Volvo has offered PHEVs for more than a decade, starting with the V60 diesel plug-in in 2012. For several years it was the only global brand with a PHEV version of every model.
Today the range includes five PHEV nameplates alongside six fully electric models. That mix lets Volvo cover most customer needs while it builds towards a pure-electric future.
