(January 31, 2011) Volvo Cars will unveil the V60 Plug-in Turbodiesel Hybrid — a virtually production-ready car — at the 2011 Geneva Motor Show on March 1.

In 2012, Volvo Cars will be the first manufacturer on the market with this new breed of hybrid — which is the result of close cooperation with the Swedish energy supplier Vattenfall.

The V60 Plug-in Hybrid features the very best properties from three different car types in one, single attractive sports wagon. This includes a possibility for the driver to drive up to 31 miles on pure electricity.

"This second-generation hybrid is the perfect choice for the uncompromising buyer who wants a superbly carbon dioxide-lean car packed with driving pleasure," said Stefan Jacoby, president and CEO of Volvo Cars.

The front wheels of the V60 Plug-in Hybrid will be driven by a five-cylinder 2.4-liter D5 turbodiesel, which produces 215 horsepower. The rear axle features Electric Rear Axle Drive in the form of an electric motor producing 70 horsepower, which receives its power from a 12 kWh lithium-ion battery pack. The car features a six-speed automatic transmission.

No mileage estimates have been released.