2024 Toyota Sequoia vs 2023 Volvo XC60

Plug-in hybrid electric vehicles (PHEVs) are smart for certain consumers. They allow people to give electric vehicle ownership a try before diving into the deep end of the pool by acclimating people to nightly plug-ins and the benefits of electric-only driving.

At the same time, they eliminate a phenomenon called “range anxiety,” which is the mild panic EV drivers may feel when their battery gets low. That’s because they also have a gasoline engine, and that means you can take a cross-country trip in one without ever needing to find a charging station.

Talk about a win-win situation. And among luxury PHEVs, the 2023 Volvo XC60 Recharge is an appealing choice. But it certainly does not come cheap.

The Toyota Sequoia gained a standard hybrid powertrain when it entered its third generation, just last year. While the tech updates were widely celebrated and the facelift considered unobjectionable even by its harshest critics, the move to hybrid power proved to be something of a mixed bag. Increased towing and hauling power bolstered the obvious advantage of improved fuel economy, but impact was somewhat dampened by the reduction in cargo and third-row space to accommodate the new battery.

Verdict: The Sequoia may not be the most capable full-size SUV in the segment, and it’s certainly not the most spacious. It is, however, the only hybrid in its class, and it offers a blend of seating capacity, towing power, and fuel efficiency you won’t find elsewhere—at least, not if you don’t want to go diesel.