Based on the S90 saloon, the V90 is likely to be the bigger-selling version and will aim for conquest customers from Audi A6, BMW 5 Series, Mercedes-Benz E-Class and Jaguar XF.

A T8 Twin Engine plug-in hybrid version will be offered in both models, offering 403bhp via a combination of turbocharged and supercharged T6 petrol engine driving the front wheels, and an electric motor at the rear.

This offers four-wheel drive and the ability to travel around 25 miles using only electricity, resulting in low CO2 emissions. In the S90, this emits 44g/km CO2, which means the V90 should emit 49g/km or less, qualifying for 7% Benefit in Kind, 100% Writing Down Allowance, low Class 1A National Insurance contributions and exemption from the London Congestion Charge.

In the XC90, the T8 accounts for around a quarter of orders, and is sold out until the 2017 Model Year. Pricing and further information will be announced closer to the launch date, but the T8 Twin Engine should also qualify for the new £2,500 Plug-in Car Grant.