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Compact Electric SUV · Model guide*

Volvo EX40.

The XC40's electric twin, renamed EX40: familiar shape, up to 293 miles of range, and 402 hp in twin-motor form.

Starting MSRP
$55,150*
2026 EX40 Plus Single Motor Extended Range
Range
up to 293 mi range
Seats
5
Power
248 hp / 402 hp Twin Motor
Volvo EX40 compact electric suv

What a Volvo EX40 costs where you live.

With the taxes and fees for Arizona, where you register the car. Type the price, or start at the starting MSRP, and see it as cash, a loan, and a lease. Nothing you type leaves this page.

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An estimate on the numbers you type, not an offer of credit or a quote from any dealership. Starting loan rates are Rateous's rates for each credit range and term; they are not an offer from any lender. The starting money factor, residual, and acquisition fee are starting figures only; the leasing company sets the real ones. The documentary fee starts at an example figure, the state's legal cap where it has one or $599 where it does not, not any dealership's fee; each dealership sets its own. Taxes and state fees are estimates for Arizona; the dealership's paperwork and your motor vehicle agency have the final numbers. What you own at the end assumes the car is worth the residual. Nothing you type is sent, saved, or used to check your credit.

EX40 trims.

PlusThe entry: single-motor 248 hp, full safety kit, Google built-in, fast charging.
Ultra Black EditionThe loaded flagship: 402 hp twin-motor availability, gloss-black styling, Harman Kardon, 360 camera.

Every new Volvo carries a 4 year / 50,000 mile new vehicle warranty, and EVs add an 8 year / 100,000 mile battery warranty. Many model years also include 3 years / 36,000 miles of complimentary factory scheduled maintenance, but that varies by model year, so confirm it on the specific year you buy.

Compare the EX40.

More Volvo electric suvs
Volvo EX30Subcompact Electric SUV · Starting MSRP $38,950*Volvo EX903-Row Electric SUV · Starting MSRP $76,695*
Its closest rivals, by body style, size, and class
Audi Q5Compact Luxury SUV · Starting MSRP $52,800*Mercedes-Benz GLCCompact Luxury SUV · Starting MSRP $52,400*BMW X3Compact Luxury SUV · Starting MSRP $51,300*Audi Q4 e-tronCompact Electric SUV · Starting MSRP $50,600*Cadillac OptiqElectric Compact Luxury SUV · Starting MSRP $49,995*Land Rover Range Rover EvoqueCompact Luxury SUV · Starting MSRP $49,900*

Questions.

How much does the Volvo EX40 cost?

The 2026 Volvo EX40 has a starting MSRP of $55,150 for the EX40 Plus Single Motor Extended Range, as Volvo advertises it, before the destination charge, options, taxes, and fees. Higher trims cost more; the Ultra Black Edition tops the range. Plus each dealership's own documentary fee (not a government fee), taxes, and government fees.

What trims does the Volvo EX40 come in?

Two: Plus, and Ultra Black Edition.

What is the Volvo EX40's range?

About up to 293 mi range, depending on the trim and powertrain, per the manufacturer's published figures.

How many seats does the Volvo EX40 have?

5.

Should I lease or buy a Volvo EX40?

It depends on how long you will keep it and how far you drive. Open the calculator on this page, type the price you agreed on, and compare the lease and the loan over the same months, with your state's taxes and your own credit tier.

Price the EX40 on your numbers.

Every new car priced three ways for where you live, with taxes and fees. No credit pull, nothing sent to anyone.

By The Model Black · Updated October 7, 2026

Sources.