Volvo is showing off a V60 plug-in hybrid at the Geneva motor show that it claims will be able to do 148.7mpg and emit less than 50g/km of CO2.
The frugal car is not just a concept though, Volvo says it is "virtually production ready" and is set to go on sale as early as 2012 in the UK.
Despite its impressive economy, there's no sign of scrimping on the performance front, as the front wheels of the estate car will be driven by a five-cylinder, 212bhp 2.4-litre D5 turbodiesel engine, while the rear axle is powered by a 69bhp 12 kWh lithium-ion battery pack. The diesel engine is essentially the same as the one found in the current V60, but with a minor increase in power.
The battery is sufficient to power the car for up to 31 miles on electric power alone before the engine kicks in to supplement it. Combined, it is estimated that the two powertrains will carry the V60 for more than 700 miles in between fill ups.
"In order to get true car enthusiasts to think green, you have to offer them the opportunity to drive with low carbon dioxide emissions without taking away the adrenaline rush that promotes genuine driving pleasure. The V60 Plug-in Hybrid has all the traditional properties of a genuine sports wagon. What we've done is to spice it up with spearhead technology," says Stefan Jacoby, president and CEO of Volvo Cars.