The D5 Twin Engine uses a 161bhp version of the 2.4-litre turbodiesel engine found in the D6 Twin Engine available to date, with the same 68bhp electric motor driving the rear wheels. Total system output is 228bhp, down from 285bhp in the D6 Twin Engine, but retaining the 31-mile electric range.

Volvo has launched the model as a limited-edition run of 500, each featuring satin effect paintwork with 19-inch wheels. In Sweden the D5 Twin Engine in the Business Edition trim is priced at 50,000 SEK (£3,891) less than the D6, starting at 469,000 SEK (£36,500).

Dr. Thomas Müller, Vice President Electrical and Electronics Systems Engineering at Volvo Car Group, said: “We were the first car maker to develop and produce a diesel-based plug-in hybrid powertrain with the launch of the V60 D6 in 2012.

“Since then we have been working on further refining our innovative approach to electrification and hybrid powertrains, as can be seen in our brand new XC90 T8 Twin Engine which is just entering full-scale production. With the launch of the V60 D5 Twin Engine Special Edition we are broadening our Twin Engine product range.”