2024 Volvo XC40 Recharge: EPA Range, Price & Specifications
— IIHS, NHTSA, EPA, AAA, RepairPal
Among premium SUVs, the 2024 Volvo XC40 Recharge scores well for fuel cost. NHTSA has no recall campaigns on file for this vehicle.
- Starting MSRP
- $52,450 - $60,550
- EPA Electric Range
- 293 mi range
- Est. Annual Fuel Cost
- $700 - $800 per year
- EPA GHG Score
- 10 / 10 (Low Emissions)
- Recalls on File
- No recalls on file
- EPA: vs Avg Vehicle
- Save $7,250 over 5 yrs
- Owner Complaints
- 14 on file
- Est. Monthly Cost (with fuel)
- $991 per month
- Est. Cost per Mile (with fuel)
- $0.79
- Brand Origin
- Sweden
The 2024 Volvo XC40 Recharge is a fully electric SUV offering up to 293 miles of EPA-rated range, starting at $52,450.
- Fuel cost $1,786 per year below premium SUVs average
- Zero recalls on file (SUV average: 1.7)
- Ranked #9 of 133 premium SUVs in range
2024 Volvo XC40 Recharge at a Glance
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
Strengths in the data
- 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 $7,250 over five years in fuel compared to the average new vehicle.
Cautions in the data
- 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 per year in depreciation for the Compact SUV (Electric) class. This is a class-level estimate.
Similar vehicles to compare
NHTSA tests are federally mandated. IIHS tests are conducted by an insurance-industry nonprofit. The two programs use different crash configurations, so they catch different things.
How Did the 2024 Volvo XC40 Recharge Perform in IIHS Crash Tests?
IIHS tested the 2024 Volvo XC40 Recharge across multiple crash configurations. It did not earn an overall Top Safety Pick, but some individual test ratings may still be strong. See the breakdown below. 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
NHTSA and IIHS evaluate the design. Recalls evaluate the execution. A look at both tells you whether the 2024 Volvo XC40 Recharge performs as intended under real-world conditions.
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 1.7. Recalls may be issued at any time. Source: NHTSA.
No recalls on file with NHTSA
What Do 2024 Volvo XC40 Recharge Owners Report to NHTSA?
NHTSA has 14 owner complaints on file for the 2024 Volvo XC40 Recharge. This is below the average of 57 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 · 5 in the last 12 months · most recent filed 2026-03-11
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 Tech7
- Brakes4
- Engine2
- Electrical2
- Airbags1
Source: NHTSA Vehicle Complaints Database. Data last refreshed 2026-04-16.
For an EV, fuel cost means electricity cost. The EPA estimates below show what you can expect to spend per year powering the 2024 Volvo XC40 Recharge.
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).
Ranges from 98 to 106 combined MPGe depending on trim and drivetrain.
| Trim | Combined | City | Highway | Annual Fuel Cost | EV Range |
|---|---|---|---|---|---|
| Single Motor Core | 106 MPGe | 118 | 95 | $700 per year | 293 mi |
| Twin Motor Core | 98 MPGe | 106 | 90 | $800 per year | 254 mi |
| Single Motor Plus | 106 MPGe | 118 | 95 | $700 per year | 293 mi |
| Twin Motor Plus | 98 MPGe | 106 | 90 | $800 per year | 254 mi |
| Single Motor Ultimate | 106 MPGe | 118 | 95 | $700 per year | 293 mi |
| Twin Motor Ultimate | 98 MPGe | 106 | 90 | $800 per year | 254 mi |
Estimated 5-year fuel costs range from $3,500 to $4,000 depending on trim.
All trims earned EPA SmartWay certification for lower emissions and fuel cost. EPA smog rating: 10 out of 10.
EVs eliminate fuel and oil change costs but still carry insurance, tire wear, and depreciation. AAA's ownership cost estimates below cover the expenses that remain.
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 per year |
|---|---|
| Insurance | $2,028 per year |
| Depreciation | $4,960 per year |
| Registration & Taxes | $895 per year |
| Financing | $1,121 per year |
| Total (excluding fuel) | $11,192 per year |
With 6 trims available, the main differentiators are range, charging capability, and price. The comparison below breaks down each option for the 2024 Volvo XC40 Recharge.
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 an 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 | 254 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 | 254 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 | 254 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
Price and fuel economy are knowable before purchase. Reliability is the variable that matters most after. The RepairPal score below gives you a data point on what to expect.
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.
A warranty does not make a vehicle more reliable, but it does limit your financial exposure if something fails. Here is what Volvo includes.
What Warranty Does the 2024 Volvo XC40 Recharge Come With?
Warranty coverage defines Volvo's financial commitment if something fails. The terms below apply to all 2024 XC40 Recharge trims. Longer powertrain coverage reflects the manufacturer's confidence in drivetrain durability.
| 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?
Technical specifications for the 2024 Volvo XC40 Recharge from manufacturer data. Engine size, horsepower, curb weight, and dimensions are shown for the primary configuration.
EPA vehicle class: Compact SUV
| Horsepower | 248 - 402 hp |
|---|---|
| Power-to-Weight | 108.9 - 172.9 hp per ton |
| Price per HP | $135 - $237 |
| 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 |
All data shown for the 2024 Volvo XC40 Recharge comes from EPA, NHTSA, IIHS, AAA, manufacturers, and selected third-party references. EV range and ownership costs are updated as agencies release new figures.
Data coverage & source links
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.
Verify this data
2024 Volvo XC40 Recharge FAQ
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.
What vehicles compete with the 2024 Volvo XC40 Recharge?
In the suv segment, the closest alternatives to the 2024 Volvo XC40 Recharge are 2024 Audi Q5 Sportback (starting at $52,200, 5-star NHTSA, 24 MPG); and 2024 Genesis GV60 (starting at $52,000, 5-star NHTSA, 294 mi range); and 2024 Lincoln Aviator (starting at $53,340, 5-star NHTSA, 20-21 MPG). Each page on this site covers the same data sources 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.
Where is Volvo based?
Volvo is a Sweden-based automaker. The 2024 Volvo XC40 Recharge may be assembled in a different country than where Volvo is headquartered. Check the window sticker or VIN decoder for the specific assembly location of any individual vehicle.
What other Volvo models are available for 2024?
Each 2024 Volvo vehicle has its own fact sheet. Data coverage varies by model. See the complete Volvo lineup on our Volvo models page.
What is the real-world charging cost for the 2024 Volvo XC40 Recharge?
EPA estimates the 2024 Volvo XC40 Recharge's annual energy cost based on national average electricity rates. Actual cost depends on your local utility rate and whether you charge at home or at public stations. See the fuel economy section above for the EPA estimate.
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.