Same experience for me on a 2022 XC60 Recharge T8. It has the parking beepers but if I change it to anything other than 07, parking beepers don't work and there's a warning in the dash about the parking system needing serviced.
I wonder if it only works on sensus cars too (mine is AAOS).
I wonder if it only works on sensus cars too (mine is AAOS).