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And now it appears Volvo plans a plug-in hybrid diesel!

Volvo will unveil a plug-in diesel-electric hybrid version of its V60 station wagon at the Geneva auto show in March.
Volvo said the Geneva model will be a "virtually production-ready" car with CO2 emissions of 49 grams per kilometer, which translates into fuel consumption of 124 mpg.
The front wheels of the V60 hybrid will be driven by a 215-hp, 2.4-liter five-cylinder turbodiesel engine. Mounted on the rear axle is a 70-hp electric motor, which receives power from a 12 kWh lithium-ion battery pack. The car has a six-speed automatic transmission.
The V60 hybrid can be driven up to 31 miles powered only by electricity, Volvo said. A production version will launch in 2012.
Volvo CEO Stefan Jacoby, said in a statement: "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."
Volvo cooperated with Swedish energy supplier Vattenfall to develop the car.

Read more: Geneva auto show: Volvo prepares to unveil V60 plug-in hybrid - AutoWeek Magazine