Everything keeps going right… Toyota
With the local automotive market’s consistent growth, month after month last year, one brand is not giving up a piece of its sales cake slice.
- Industry News
- 16 January 2026
The new Volvo XC70 mid-size SUV is Volvo Cars’ first extended-range plug-in hybrid. It provides a pure electric range of up to 200 kilometres, making it Volvo Cars’ longest-range plug-in hybrid to date.
Built on the new Scalable Modular Architecture platform, a premium extended-range plug-in hybrid architecture, the XC70 represents an important product addition for Volvo Cars.
The new XC70 is designed to meet the demand for longer-range plug-in hybrids in China, where it will be available for order later this year. Volvo Cars is exploring potential additional markets at a later stage.
“The XC70 marks our strategic entry into the extended-range plug-in hybrid segment, a perfect bridge to full electrification,” says Håkan Samuelsson, president and chief executive of Volvo Cars.
“It enables us to maintain and develop a balanced product portfolio, while offering a highly attractive alternative to customers who are not yet ready for fully electric cars. This is also an example of regionalisation, where we adapt to the local market needs.”
More details about the new XC70 will be revealed in the coming months, according to Volvo.
The Internal Combustion Engine (ICE) might still be a long way from becoming obsolete, but the worldwide trend in favour of New Energy Vehicles (NEV) is growing rapidly.
A new report from Deloitte reveals that motorists in the United States remain firmly attached to petrol-powered vehicles, as concerns over cost, charging infrastructure and overall value continue to slow the transition to electric cars.
China's BYD has officially dethroned Tesla as the world's top electric vehicle seller, marking a watershed moment in the automotive industry's electric revolution. The changing of the guard reflects a fundamental realignment of global EV power dynamics.