Volvo is expanding its electric lineup, with a new electric SUV, the EX60, set to be unveiled. The company's plans for electrification are underway, but it has not yet achieved an all-electric lineup, with some outlets reporting the introduction of a new hybrid vehicle. The timeline for Volvo to become fully electric is uncertain, with some reports suggesting it will happen within a decade, while others indicate that the pace of change may vary by region.