Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Ford Motor Company (F), General Motors Company (GM), Toyota Motor Corporation (ADR) (TM): Volvo’s New Plug-In Hybrid Is a Game-Changer

Source: Inside EVs‘ Monthly Plug-In Sales Scorecard,

As 2013 has progressed, more EVs — such as the Chevy Spark — have become available, and the Volt and Leaf have struggled, while sales of other EVs have climbed. Thanks to the limited market, having more EVs come to market dilutes other EV sales.

The V60 PHEV is a luxury hybrid, and it’s already competing with Tesla Motors Inc (NASDAQ:TSLA)‘ Model S for European sales — the 40 kWh isn’t available outside the U.S, and the 60 kWh Model S starts around $91,000 outside the United States. If the V60 PHEV comes to America, it’ll compete with Tesla in the luxury EV market. And if Volvo decides to release XC60 PHEV SUV, it could compete with Tesla’s Model X.

What to watch

Right now, sales for the V60 PHEV are incredibly strong and seem to be getting stronger. That makes it a game-changer for Volvo. However, Volvo’s production of the V60 PHEV is limited, and it’s a diesel, so It may not make it to the U.S anytime soon — although there are rumors to the contrary. If the V60 PHEV does come to the U.S., this is a vehicle to watch — not only for what it can do for Volvo’s profits, but also for how it could affect other EVs’, and in particular Tesla Motors Inc (NASDAQ:TSLA)’s, sales.

The article Volvo’s New Plug-In Hybrid Is a Game-Changer originally appeared on and is written by Katie Spence.

Fool contributor Katie Spence has no position in any stocks mentioned. Follow her on Twitter: @TMFKSpenceThe Motley Fool recommends Ford, General Motors, and Tesla Motors and owns shares of Ford and Tesla Motors.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.