Previewing the 2024 Volvo XC60 Hybrid: An incremental change?

  • A regular model year update for the Volvo XC60 Hybrid in the U.S.
  • 2024 XC60 Hybrid may offer an electric range of 36 miles
  • Could be launched in Summer 2023
  • Expected to be priced from around USD 58,000

The second-generation Volvo XC60 was introduced in March 2017 as a 2018 model, and it is expected to receive an update in the next few months to become an MY2024 product. Like all the other new Volvo cars sold in the U.S., the 2024 XC60 will be offered solely with electrified powertrains. Here’s what we anticipate from the 2024 Volvo XC60 Hybrid in the U.S. Please bear in mind that the information and images provided in this article correspond to the current model year, and as new details emerge, this page will be revised.


The 2024 model year update would be the usual yearly revision, meaning it would not include a design change. The 2024 Volvo XC60 Hybrid should have the same exterior and interior, while some of the paint and wheel options could be new.

On the outside, the 2024 Volvo XC60 Hybrid would feature full-LED headlights with T-shaped, ‘Thor’s Hammer’ daytime running lights, and L-shaped tail lamps, and a muscular yet contemporary character. Multiple wheel choices in sizes as big as 22 inches would be available. The tailpipes would be hidden behind the rear bumper, as Volvo Cars is preparing its customers for the next-gen XC60, which would include an all-electric variant.


The 2024 Volvo XC60 Hybrid would have an interior in a reductive design that gives occupants the Swedish feel of uncluttered calm and with clever storage solutions, including a compartment under the rear seats. Wood decor, crystal gear shifter, stainless steel speakers, and various other rich and intricately detailed touchpoints would communicate luxury. Some of the trim and material choices could be new.

For young customers, the main highlights on the inside would be a 12-inch digital instrument cluster with Calm and Navi display modes, a head-up display, and a 9-inch portrait center display. The infotainment system, usable via the center display, would be powered by Google’s Android Automotive OS and support OTA updates. It’d be possible to use the infotainment system with simple “Hey Google” voice commands. It’d feature built-in Google Maps and Google Play Store as well.


New Volvo XC60 Recharge interior dashboard
The integration of core Google services would allow the 2024 Volvo XC60 Hybrid’s infotainment system to seamlessly blend into the customer’s digital lifestyle. Image Source: Volvo Cars

Volvo Cars had replaced the XC60’s T5 and T6 conventional gasoline engines in the U.S. with B5 and B6 mild-hybrid gasoline engines, respectively, with the MY2022 update. The 2024 Volvo XC60 will likely be available with the same mild-hybrid engines.

Both engines get electrification through a new 48V system combined with a 13 hp Integrated Starter Generator. Moreover, while the T6 had a mechanical supercharger, the B6 has an electric supercharger, called E-Charger. The specifications of the B5 and B6 engines are unlikely to be different from the 2023 model year, but the EPA-est. combined fuel economy figures could have variations.

Drivetrain LayoutFWD/AWDAWD
Charging SystemTurbochargerE-Charger & Turbocharger
Electrification LevelMild-HybridMild-Hybrid
Power247 hp295 hp
Torque258 lb.-ft.310 lb.-ft.
Combined Fuel Economy (EPA-est.)26 MPG (FWD)/25 MPG (AWD)23 MPG
Fuel Consumption3.8 gal/100mi (FWD)/4.0 gal/100mi (AWD)4.3 gal/100mi
Outgoing Volvo XC60 B5 and B6 specifications (Sources: EPA)

2024 Volvo XC60 Hybrid (Plug-in)

The plug-in version of the 2024 Volvo XC60 would club a 2.0L gasoline engine with an electric motor and produce 455 hp of combined power and 523 lb.-ft. of system torque. The electric motor, mounted at the rear, would draw energy from an 18.8 kWh battery pack that consists of three layers of cells. The net or usable capacity of this battery pack would be 14.9 kWh, though. That’d be enough to provide a practical EV mode range of 36 miles, sufficient for most daily trips in the city.

Aspect\Specification2024 Volvo XC60 PHEV (Expected)
Forced inductionDrive-E Supercharger & Turbocharger
Electrification LevelPlug-in Hybrid
Total Power455 hp
Total Torque523 lb.-ft.
Battery Pack14.9 kWh (net)/18.8 kWh (gross)
Electric Range36 miles
Fuel Consumption63 MPGe (gas + electricity)/28 MPG (gas)
Expected 2024 Volvo XC60 Plug-in Hybrid specifications (expected)


For global markets, including the U.S., Volvo Cars builds the XC60 at the Torslanda plant in Sweden. For China, Zhongjia Automobile Manufacturing manufactures the XC60 in China at the Chengdu plant. Zhejiang Haoqing Automobile Manufacturing, owned by Zhejiang Geely Holding Group, conducts final testing, and then the units are sent to Volvo Cars. The production locations will remain unchanged in the 2024 model year.

Price & Release Date

Volvo Cars may price the base configurations of the 2024 XC60 (mild-hybrid) and 2024 XC60 Hybrid (plug-in hybrid) at around USD 44,000 and USD 58,000, respectively. The Swedes are expected to share details of the new model year during summer. The company is also developing the all-electric Volvo EX60 which should emerge by 2026.

TopElectricSUV says

The Volvo XC60 Hybrid is a great all-rounder with plenty of style, space, and safety. The mid-size luxury SUV offers an impressive electric range of 36 miles, letting customers practically use it as an EV every day. For the 2024 model year update, Volvo Cars may limit changes to the standard equipment, color options, trims, and/or materials of the plug-in hybrid SUV.

Featured Image Source: Volvo Cars