In 2017, Volvo confirmed plans to electrify all new models from 2019 onward, with powertrains set to include hybrid, plug-in hybrid and pure electric versions. He did admit that a major advantage of diesel was long-range driving and low fuel consumption, but countered that the same benefits could now be achieved by the new generation of 48-volt mild-hybrids, which use electric starter-generator motors to help power the car's engine for short bursts, but come without the weight and complication of more conventional hybrids. Last summer Volvo announced a commitment to launching every new vehicle with some form of electrification.
The new S60, a premium mid-size sports saloon, is based on Volvo's in-house-developed Scalable Product Architecture (SPA) platform, which also underpins the company's new 90 series and 60 series cars.
The new S60 is confirmed to be initially available with a range of 4-cylinder Drive-E petrol engines as well as with two petrol plug-in hybrid versions.
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Prosecutors, the Times also reports, plan to file a new indictment against Schulte that pertains to the leak , within 45 days. For reasons that are still unknown, Schulte hasn't been charged in the case despite being arrested more than a year ago.
Volvo made headlines previous year by announcing all new cars from 2019 will feature some form of hybridisation or electrification. The S60's wagon sibling, the V60, was unveiled earlier this year. A mild hybrid option will launch next year.
As well as market trends in Europe, the decision also reflects the key target market for the S60: the United States, where diesel accounts for a small percentage of sales.
The carmaker is also hoping to have at least 50 per cent new auto sales by 2025 to be electric vehicles.
Production of the new S60 will start this fall at Volvo Cars' brand new manufacturing facility outside Charleston, South Carolina.