Watch out Tesla (TSLA - Get Report) and Elon Musk.

At the New York International Auto Show in April, Volvo unveiled a 400-hp plug-in electric hybrid SUV - the XC60.

"The Volvo XC60 is an important car for Volvo in the United States," said Lex Kerssemakers, Senior Vice President of the Americas; President and CEO of Volvo Car USA, "It provides a new and more athletic attitude to the design language that was first shown in the 90 series cars."

More from TheStreet:

This video was originally published on April 12.