2024 Volvo XC40 Recharge
The 2024 Volvo XC40 Recharge is a fully electric SUV offering up to 293 miles of EPA-rated range. Starting at $52,450, this page compiles safety, cost, and reliability data from government and independent sources.
Among premium SUVs, the 2024 Volvo XC40 Recharge grades at B for fuel cost. NHTSA has no recall campaigns on file for this vehicle.
What the published data indicates
Published crash-test coverage is incomplete for the 2024 Volvo XC40 Recharge. Within the currently available data, the clearest positive signals are lower estimated fuel cost and lower estimated five-year cost, with EPA estimates you will save on fuel compared to the average new vehicle.
- fuel cost
- estimated 5-year cost
- fuel savings
Strongest published signals
- Fuel: Below-average fuel cost among electric SUVs. Best-case annual fuel cost is $700. Cheapest SUVs to fuel 2024 →
- Best estimated five-year cost in the lineup is about $14,603 below the similar-vehicle average.
- EPA estimates this vehicle saves you about $4,250 over five years in fuel compared to the average new vehicle.
Limits and cautions
- Crash-test coverage is incomplete: NHTSA data is not available for this model yet.
- Reliability is not a standout here: RepairPal 3.0/5.
- AAA estimates $4,960/yr in depreciation for the Compact SUV (Electric) class, which is above the $3,554 average for conventional vehicles. This is a class-level estimate.
Comparable models
- Starting MSRP
- $52,450 - $60,550
- EPA Electric Range
- 293 mi range
- Est. Annual Fuel Cost
- $700/yr
- Recalls on File
- No recalls on file
- EPA: vs Avg Vehicle
- Save $4,250 over 5 yrs
- Owner Complaints
- 13 on file
- Brand Origin
- Sweden
While NHTSA uses a star rating system, IIHS rates individual crash types. The two together offer a fuller view of how this vehicle performs in different crash scenarios.
How Did the 2024 Volvo XC40 Recharge Perform in IIHS Crash Tests?
IIHS has tested the 2024 Volvo XC40 Recharge but did not award a Top Safety Pick designation. Individual test ratings are shown below. IIHS tests complement NHTSA ratings by evaluating different crash scenarios. Source: IIHS.
| Test | Rating |
|---|---|
| Small Overlap Front | G Good |
| Moderate Overlap Front | G Good |
| Side | A Acceptable |
| Seat Belt Reminders | G Good |
IIHS vehicle class: Small SUVs
Test scores tell part of the safety story. The recall record adds another dimension: real-world defects identified after production.
Does the 2024 Volvo XC40 Recharge Have Any Recalls?
No recalls are on file with NHTSA for the 2024 Volvo XC40 Recharge. Among SUVs, the average recall count is 1.8. Recalls may be issued at any time. Source: NHTSA.
No recalls on file with NHTSA
Owner-Reported Problems
NHTSA has 13 owner complaints on file for the 2024 Volvo XC40 Recharge. This is below the average of 54 complaints for 2024 SUVs. Owner complaints are self-reported and unverified, but patterns across many reports can indicate real issues.
1 in the last 90 days · 4 in the last 12 months · most recent filed 2026-01-14
Safety-relevant complaints: At least one complaint includes crash reported, injury reported. Review individual reports on NHTSA.gov for details.
Most-reported problem areas
- ADAS / Safety Tech6
- Brakes3
- Electrical2
- Airbags1
- Restraints1
Source: NHTSA Vehicle Complaints Database. Data last refreshed 2026-03-07.
From safety to cost. How much fuel this vehicle uses directly affects what you pay month to month.
What Is the 2024 Volvo XC40 Recharge Fuel Economy?
The 2024 Volvo XC40 Recharge offers up to 293 miles of EPA-rated range with an estimated annual energy cost of $700. Electric vehicles typically cost significantly less to fuel than gasoline equivalents. EPA range estimates are based on standardized testing. Real-world range varies with driving conditions, temperature, and speed. Source: EPA (fueleconomy.gov).
| Trim | Combined | City | Highway | Annual Fuel Cost | EV Range |
|---|---|---|---|---|---|
| Single Motor Core | 106 MPGe | 118 | 95 | $700/yr | 293 mi |
| Twin Motor Core | 106 MPGe | 118 | 95 | $700/yr | 293 mi |
| Single Motor Plus | 106 MPGe | 118 | 95 | $700/yr | 293 mi |
| Twin Motor Plus | 106 MPGe | 118 | 95 | $700/yr | 293 mi |
| Single Motor Ultimate | 106 MPGe | 118 | 95 | $700/yr | 293 mi |
| Twin Motor Ultimate | 106 MPGe | 118 | 95 | $700/yr | 293 mi |
Beyond fuel, the full ownership picture includes insurance, routine maintenance, depreciation, and financing. AAA publishes annual estimates for each vehicle class.
What Does the 2024 Volvo XC40 Recharge Cost to Own?
Estimated 5-year total ownership cost for the 2024 Volvo XC40 Recharge ranges from $98,135 to $106,235 depending on trim, based on AAA's Your Driving Costs study for the Compact SUV (Electric) class. This includes insurance, maintenance, depreciation, registration, and financing. These are class averages, not specific to this model. Source: AAA.
| Maintenance | $1,449/yr |
|---|---|
| Insurance | $2,028/yr |
| Depreciation | $4,960/yr |
| Registration & Taxes | $895/yr |
| Financing | $1,121/yr |
| Total (excluding fuel) | $11,192/yr |
Which trim offers the best balance of cost and equipment? The breakdown below compares all 6 options side by side.
How Do the 2024 Volvo XC40 Recharge Trims Compare?
6 trims are available for the 2024 Volvo XC40 Recharge, spanning $52,450 to $60,550. All trims use a Electric powertrain. Compare specifications and estimated costs in the table below. Prices are MSRP before destination and fees.
| Trim | Base MSRP | Drive Type | Horsepower | Curb Weight | Est. 5-Year Cost | EV Range (mi) |
|---|---|---|---|---|---|---|
| Single Motor Core | $52,450 | RWD | 248 hp | 4,554 lbs | $98,135 | 293 mi |
| Twin Motor Core | $54,200 | AWD | 402 hp | 4,650 lbs | $99,885 | 293 mi |
| Single Motor Plus | $55,400 | RWD | 248 hp | 4,554 lbs | $101,085 | 293 mi |
| Twin Motor Plus | $57,150 | AWD | 402 hp | 4,650 lbs | $102,835 | 293 mi |
| Single Motor Ultimate | $58,800 | RWD | 248 hp | 4,554 lbs | $104,485 | 293 mi |
| Twin Motor Ultimate | $60,550 | AWD | 402 hp | 4,650 lbs | $106,235 | 293 mi |
Compare Trim Costs
Select two trims and adjust your driving and financing to see how monthly costs compare. Only costs we can compute from EPA data and your inputs are shown. No estimates, no guesses.
Your driving & financing
After narrowing down a trim, it helps to check the broader reliability picture. The section below summarizes the third-party reliability rating we have on file.
How Reliable Is the 2024 Volvo XC40 Recharge?
RepairPal rates the 2024 Volvo XC40 Recharge at 3.0 out of 5.0 for reliability, which is about average for premium SUVs. RepairPal ratings reflect repair frequency and cost data from a network of certified repair shops. Source: RepairPal.
Warranty coverage sets the floor for what the manufacturer will repair at no cost. Here are Volvo's published terms.
What Warranty Does the 2024 Volvo XC40 Recharge Come With?
Volvo provides the following warranty coverage for the 2024 XC40 Recharge. Warranty terms are published by the manufacturer and apply to all trims. Coverage begins from the date of original purchase. Warranty terms shown here reflect the most recently published manufacturer data.
| Basic Warranty | 4yr/50k |
|---|---|
| Powertrain Warranty | 4yr/50k |
| Corrosion Warranty | 12yr/unlimited |
| Roadside Assistance | 4yr/unlimited |
| Complimentary Maintenance | 3yr/36k |
What Are the 2024 Volvo XC40 Recharge Specs?
Detailed specifications for the 2024 Volvo XC40 Recharge as reported by the manufacturer. Specifications may vary by trim, market, and production date. Source: manufacturer-reported data.
| Horsepower | 248 - 402 hp |
|---|---|
| Torque | 310 - 494 lb-ft |
| Transmission | 1-speed direct drive |
| Drive Type | Rear-Wheel Drive, All-Wheel Drive |
| Fuel Type | electric |
| Length | 174.8 in |
|---|---|
| Width | 73.7 in |
| Height | 65.0 in |
| Wheelbase | 106.4 in |
| Curb Weight | 4,554 - 4,650 lbs |
Data Coverage
The following data categories are not yet available for the 2024 Volvo XC40 Recharge: NHTSA has not yet published crash test results for this vehicle. Learn how we collect, verify, and present vehicle data.
This page reflects published data from EPA, NHTSA, IIHS, AAA, manufacturers, and selected third-party references for the 2024 Volvo XC40 Recharge. The trim evolution section above shows how pricing and lineup composition have changed since . All data updates automatically when source agencies publish new information.
2024 Volvo XC40 Recharge FAQ
How does the 2024 Volvo XC40 Recharge compare to other suvs?
Based on published data, the 2024 Volvo XC40 Recharge has a fuel cost grade of B, a RepairPal reliability score of 3.0/5, and zero recalls on file. These grades compare it against similar suvs in its price range. No single metric tells the whole story, so we recommend reviewing each section on this page. See our Safest SUVs 2024 list.
Which 2024 Volvo XC40 Recharge trim has the lowest ownership cost?
Among 6 available trims, the Single Motor Core has the lowest estimated five-year ownership cost at $98,135, starting at $52,450 MSRP. The most expensive trim to own is about $106,235. See the full trim comparison table above for a side-by-side breakdown.
How much does 2024 Volvo XC40 Recharge insurance cost?
AAA estimates the annual insurance cost for the Compact SUV (Electric) class at $2,028 per year, or about $169 per month. This is a class-level average, not specific to the 2024 Volvo XC40 Recharge. Your actual premium will depend on your driving history, location, and coverage choices. Source: AAA Your Driving Costs study.
How much does 2024 Volvo XC40 Recharge maintenance cost per year?
AAA estimates average annual maintenance for the Compact SUV (Electric) class at $1,449 per year. This covers routine services, wear items, and unscheduled repairs. Combined with insurance ($2,028/yr) and depreciation ($4,960/yr), total non-fuel ownership costs run about $11,192 per year. These are class averages from the AAA Your Driving Costs study.
How fast does a 2024 Volvo XC40 Recharge depreciate?
AAA estimates the Compact SUV (Electric) class depreciates about $4,960 per year, or roughly $24,800 over five years. On a base MSRP of $52,450, that represents about 47% of the purchase price. These are class averages and actual depreciation varies by trim, condition, mileage, and market demand. Source: AAA.
How much does it cost to charge a 2024 Volvo XC40 Recharge?
The most efficient 2024 Volvo XC40 Recharge trim costs an estimated $700 per year in energy, or about $58 per month, based on EPA ratings and national average electricity prices. That is about $1,381 less than the average for similar suvs. See our Cheapest SUVs to fuel 2024 list.
What vehicles compete with the 2024 Volvo XC40 Recharge?
Based on price range, body type, and segment positioning, the closest competitors to the 2024 Volvo XC40 Recharge include 2024 Audi Q5 Sportback, 2024 Genesis GV60, and 2024 Lincoln Aviator. Each of those pages includes the same safety, fuel cost, reliability, and recall data so you can compare directly. Browse all 2024 SUVs.
How much does a 2024 Volvo XC40 Recharge cost per month to own?
Excluding your car payment, estimated monthly costs for the 2024 Volvo XC40 Recharge include about $933 for insurance, maintenance, depreciation, and fees, plus roughly $58 for fuel. That puts non-payment running costs around $991 per month. These are estimates based on AAA class averages and EPA fuel data. Actual costs depend on your driving, location, and coverage.
Is the 2024 Volvo XC40 Recharge electric?
Yes, the 2024 Volvo XC40 Recharge is a fully electric vehicle. It offers 293 mi range. Electric vehicles have no direct fuel costs but do use electricity. See our All electric vehicles 2024 list.
Has the 2024 Volvo XC40 Recharge been recalled?
No. As of this writing, NHTSA has zero recall campaigns on file for the 2024 Volvo XC40 Recharge. Recalls can be issued at any time, so this status may change. You can check for updates on the NHTSA website. See our Zero-recall cars 2024 list.
Compare to Similar Vehicles
Data on this page is compiled from government agencies and independent research organizations. It is provided for informational purposes only and does not constitute financial, purchasing, or safety advice. Verify all data with the original source before making decisions.