P2906 Volvo Xc70 shows up when there's an electrical problem that causes the fuel volume regulator to malfunction and open. It's quite an unusual problem and likely intermittent. As you drive and when specific conditions are slowly met, the vapors will gradually purge from the charcoal canister and will get burned within your engine.
Possible Causes :
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Look at the plug wires to make sure they are not burnt or laying on the exhaust. Look for missing ground strap or a rusty ground where the fuel tank is grounded to the frame. Check for damage to the wiring harness connector. It should be pretty close to battery voltage (12 volts). If not, then this is the circuit that has the problem.
Diagnostic trouble code P2906 Volvo Xc70 is not difficult to diagnose and repair. Thus, it always pays to have a qualified technician to look after your vehicle should this error code arise.
Diagnosing this code requires the engine to be in good running shape, without unmetered air entering the engine. If other codes that relates to misfiring condition, lean running or air entering the engine is present, then you must first fix those error codes before P2906 Volvo Xc70.
Fortunately, P2906 Volvo Xc70 is a fairly common OBD code, meaning that it applies to all makes and models of vehicles made after 1996.