Volvo XC 90 T8 Interior -  From 2015 Chicago Auto Show (Image:InsideEVs/Mike Anthony)

Volvo XC 90 T8 Interior -  From 2015 Chicago Auto Show (Image:InsideEVs/Mike Anthony)

Volvo announced its XC90 T8 Twin Engine extended range SUV will be priced from $68,100 when in comes later this summer to the US.

Billed as "the world’s first seven passenger plug-in hybrid electric vehicle", the T8 can achieve a combined 394 horsepower, making 60 mph come up from a standstill in just 5.7 seconds.

Additionally, we finally also received word on the plug-in's real world electric range, as it will achieve an estimated 17 mile EPA rating in the US.  (In Europe on the NEDC scale it had been rated over 25 miles/40 km).

The XC90 T8 is equipped with a 9.2 kWh battery pack, which means that US buyers who qualify for the federal incentive (or opt to lease the vehicle) are eligible for a tax credit of $4,600, bringing the net price down to $63,500 - a number we think represent a decent value, and should translate into some decent 3-figure monthly sales in America.

Besides the base XC90 T8, two other trim levels will be offered according to the company:

Volvo XC90 T8 Twin Engine - Optional R-Design

Volvo XC90 T8 Twin Engine - Optional R-Design

- The XC90 T8 Inscription provides an even higher level of luxury and elegance. Linear wood inlays, luxurious Nappa leather seats, dashboard and door panels provide the ultimate Scandinavian sanctuary for drivers and passengers. Rear exterior chrome accents and mirror covers accompany a unique, silver matte front grill. The MSRP of the XC90 T8 Twin Engine Plug-In Hybrid Inscription is $71,600, not including any tax credit incentives or $995 destination charge.

- The XC90 T8 R-Design highlights the car’s sporty performance with external features including a piano black front grille, R-Design lower front spoiler, dual integrated tail pipes and matte silver mirror covers and window trim. A performance-focused interior design awaits drivers with Nubuck and Nappa leather contour seats, steering wheel gear shift paddles, a perforated leather gear shift and steering wheel. The MSRP of the XC90 T8 Twin Engine Plug-In Hybrid R-Design is $70,000, not including any tax credit incentives or $995 destination charge.

Volvo says that the XC90 T8 is will arrive in North America this fall, but to expect test drives of the XC90 T6 to be available at Volvo retailers shortly (this summer).

Volvo XC90 T8 Twin Engine At 2015 Chicago Auto Show: InsideEVs/Mike Anthony))

Volvo XC90 T8 Twin Engine At 2015 Chicago Auto Show: InsideEVs/Mike Anthony))

Volvo XC90 T8 Twin Engine Getting A Boost In Geneva Earlier This Year

Volvo XC90 T8 Twin Engine Getting A Boost In Geneva Earlier This Year

The company also outlined the three drive modes of the plug-in for Americans:

  • Hybrid: As the default mode, it is suitable for everyday use and the XC90 will automatically alternate between drawing power from the 2.0 liter supercharged and turbocharged Drive-E engine and the electric motor to deliver the optimum overall fuel economy.
  • Pure electric: This mode is used primarily in a city environment although it can power the car up to highway speeds. When the high-voltage battery is fully charged, it serves as the car’s sole energy source, powering the electric motor over the rear axle. Preliminary testing based on EPA criteria produced an estimated range of 17 miles using just electricity, which represents a high percentage of drivers’ typical daily usage.
  • Power mode: This utilizes the combined performance of the combustion engine and the electric motor. On start-up, the XC90 T8 takes advantage of the electric motor’s superior response and instant torque curve, while the combustion engine gets up to speed. This combination offers better torque at lower revs, which is equivalent to that of a large displacement engine.