The second-generation Volvo XC60 was introduced in March 2017 as a 2018 model, and it has received an update to become an MY2024 product. Like all the other new Volvo cars sold in the U.S., the 2024 XC60 is offered solely with electrified powertrains. Here’s what you need to know about the 2024 Volvo XC60 Hybrid in the U.S. Bear in mind that the images provided in this article correspond to the 2023 model year, and as new pictures emerge, this page will be revised.
Design
The 2024 model year update is the usual yearly revision, meaning it does not include a design change. The 2024 Volvo XC60 Hybrid has the same exterior and interior.


On the outside, the 2024 Volvo XC60 Hybrid features 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 are available. The tailpipes are hidden behind the rear bumper, as Volvo Cars is preparing its customers for the next-gen XC60, which would include an all-electric variant.
Interior
The 2024 Volvo XC60 Hybrid has an interior in a reductive design that gives occupants the Swedish feel of uncluttered calm, along 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 communicate luxury.


The main highlights on the inside is 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, is powered by Google’s Android Automotive OS and supports OTA updates. It’s possible to use the infotainment system with simple “Hey Google” voice commands. The infotainment system features built-in Google Maps and Google Play Store as well.
Powertrain
2024 Volvo XC60 Hybrid
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, offering electrification through a new 48V system combined with a 13 hp Integrated Starter Generator.

The 2024 Volvo XC60 Hybrid, however, comes only with the B5 mild-hybrid engine, which produces 247 hp and 258 lb.-ft. of torque and is connected to an 8-speed automatic transmission. Moreover, there’s no FWD drivetrain layout option like in the previous model. The EPA-est. combined fuel economy figure is likely to be the same as the previous model – 25 MPG.
Aspect | 2024 Volvo XC60 B5 AWD Specification |
Drivetrain Layout | AWD |
Displacement | 2.0L |
Charging System | Turbocharger |
Electrification Level | Mild-Hybrid |
Power | 247 hp |
Torque | 258 lb.-ft. |
Transmission | 8-speed automatic |
Drivetrain Layout | AWD |
Torque | 258 lb.-ft. |
Expected Fuel Economy | 25 MPG |
Expected Fuel Consumption | 4.0 gal/100mi |
2024 Volvo XC60 Plug-in Hybrid
The plug-in version of the 2024 Volvo XC60 clubs 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, draws energy from an 18.8 kWh battery pack that consists of three layers of cells. The net or usable capacity of this battery pack is 14.9 kWh, though. That’s enough to provide a practical EV mode range of 36 miles (expected), sufficient for most daily trips in the city.
Aspect\Specification | 2024 Volvo XC60 PHEV |
Displacement | 2.0L |
Forced induction | Drive-E Supercharger & Turbocharger |
Electrification Level | Plug-in Hybrid |
Total Power | 455 hp |
Total Torque | 523 lb.-ft. |
Battery Pack | 14.9 kWh (net)/18.8 kWh (gross) |
Expected Electric Range | 36 miles |
Expected Fuel Consumption | 63 MPGe (gas + electricity)/28 MPG (gas) |
Production
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 have remained unchanged in the 2024 model year.
Price & Release Date
The 2024 XC60 (mild-hybrid) and 2024 XC60 Hybrid (plug-in hybrid) are arriving at dealerships, listings from Dyer & Dyer Volvo Cars in Chamblee, Georgia, and Herzog-Meier Volvo Cars in Beavorton, Oregon, have revealed.
While Volvo Cars is yet to publish the 2024 model on its official website and disclose the full pricing, we expect the base configurations of the 2024 XC60 (mild-hybrid) and 2024 XC60 Hybrid (plug-in hybrid) to retail at around USD 44,000 and USD 58,000, respectively. Volvo Cars is also developing the all-electric Volvo EX60, which is expected to reach dealers in 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.
Featured Image Source: Volvo Cars