Order books are now open for Volvo’s XC90 ‘twin engine’ plug in hybrid model – the perfect vehicle for business and SME owners/managers.
The XC90 T8 Twin Engine is powered by a two-litre, four-cylinder supercharged and turbocharged petrol Drive-E powerplant with an electric motor.
The result is a total output of 407hp, a combined fuel economy of up to 134.5mpg, with CO2 emissions of 49g/km (NEDC driving cycle).
With a pure electric range of up to 26 miles, buyers will receive the Government’s Plug-In Car Grant (PICG) of £5,000 towards the purchase price of the vehicle which stands at £63,650.
For employees, or directors, the car is subject to a 5% BiK banding, which equates to a monthly income tax liability of £53.04 (£636.48 p.a.) for a 20% taxpayer, and £106.08 (£1,272.96 p.a.) for those paying income tax at the higher rate of 40%.
Beth Ward, SME business specialist at Teesside’s Mill Volvo, said: “Employee wellbeing, affordability and a low carbon footprint are key priorities for businesses when procuring vehicles, which makes the XC90 T8 Twin Engine a highly compelling proposition for corporate customers.
“Combined with premium styling, luxurious surroundings and technological innovation, this model offers a high value and competitive package which is ideal for a range of company car users, spanning executives to chauffeur drivers.
“This model is already proving popular, and initial sales forecasts are set to be exceeded.”
XC90 T8 Twin Engine
(starting from £63,705*)
• 2.0 Petrol 320hp/400Nm
• Electric -87hp / 240Nm
• 0-60mph = 5.3s
• 50 litres (11 gallons)
• MPG -134.5mpg Combined
• Up to 25 miles in Pure Electric
• Battery** -9.2 Kwh 400V
• Towing Cap. (Braked) -2500kg
* £5000 PICG Grant Available
** 8yr / 100,000 Warranty
Preston Farm Business Park
Tel: 01642 673251