2026 Volvo EX40 — Carivo review Representative photo — may show another model year
EV

2026 Volvo EX40

Independent review & score by Carivo

Price Range $54,495–$59,895
Fuel Economy ⚡ Electric
Seating 5 passengers
Category EV
The 2026 Volvo EX40 scores 8.8/10 at Carivo, ranking #5 of 268 evs, with 1 NHTSA recall on record.

Key Specifications — 2026 Volvo EX40

TransmissionAutomatic (A1)
DrivetrainRear-Wheel Drive
Fuel TypeElectricity
City / Hwy MPG118 / 94 MPG
Combined MPG106 MPG
Est. Annual Fuel Cost$700
Seating Capacity5 passengers
Body StyleEV
Base Price$54,495–$59,895

Source: EPA FuelEconomy.gov & manufacturer data. Figures reflect base trim; actual specs vary by trim level.

About the 2026 Volvo EX40

Our scoring places the 2026 Volvo EX40 at 8.8/10 overall, which translates to a Exceptional rating for this ev. Its strongest dimension is Technology at 9.2/10. This is among the top-rated evs in Carivo's database — a genuine recommendation for buyers in this segment.

Reliability and safety are the two dimensions that matter most for long-term ownership costs. We score reliability at 8.4/10 — better than most direct rivals, if short of the segment's best. The 9.1/10 safety score puts it near the top of the class on this dimension; the official trim-level results at nhtsa.gov are worth a final check.

Performance is a genuine highlight at 9.0/10. The Volvo EX40 delivers engaging driving dynamics — responsive handling, meaningful power delivery, and a drivetrain that rewards spirited driving without sacrificing daily usability. The cabin tech earns 9.2/10 — infotainment, smartphone integration, and driver-assistance are all close to the best this class offers.

Priced from $54,495–$59,895, fully electric, seating 5, the Volvo EX40 sits in the premium tier of the ev category. Value is where it presses its advantage — 8.2/10, meaning the feature set and quality outrun the asking price. As the current model year, it benefits from the latest updates and full manufacturer warranty coverage.

Our take: The 2026 Volvo EX40 is one of the more compelling options in the ev segment right now. It excels in technology, safety, performance, reliability, value — the kind of car you can buy with confidence and own without regret. If it fits your budget and use case, it earns a clear recommendation.

Carivo scores are our own editorial assessment, informed by NHTSA safety and recall records, EPA fuel-economy figures, and manufacturer-published specifications. Scores are reviewed periodically and updated when new data becomes available. See our full methodology →

How It Ranks Among EVs

The 2026 Volvo EX40 ranks #5 of 268 evs in the Carivo database — better than 99% of the segment. Its 8.8/10 overall score is 1.2 points above the segment average of 7.6/10. Its $54,495 starting price sits close to the segment's median of $52,750.

Rankings are recalculated as new vehicles and scores are added. See the full EV ranking →

5-Year Cost Snapshot — 2026 Volvo EX40

Charging (75,000 miles)~$3,635 home charging at $0.16/kWh, ~3.3 mi/kWh
Recall repairs$0 — 1 campaign on record; recall work is always free at franchised dealers
InsuranceVaries widely by driver and state — always quote the exact trim before buying; EVs often run 10-20% higher

We only print costs we can compute from sourced data (EPA fuel economy, NHTSA recalls). We don't estimate maintenance or depreciation — anyone who gives you one number for those is guessing.

Which EX40 Year Should You Buy?

Across the EX40 model years we've scored, the 2026 holds its position — we didn't find an older year that delivers similar scores for meaningfully less money.

YearScoreStarting price (MSRP when new)
2026 (this review) 8.8/10$54,495
2024 8.8/10$54,495 Read review →

Pros & Cons — 2026 Volvo EX40

✓ What it does well

  • Above-average reliability record with solid owner satisfaction data
  • Top-tier safety scores across crash tests and driver-assistance tech
  • Good overall value; holds its own against pricier alternatives in the segment
  • Engaging driving dynamics with class-leading power and handling
  • Best-in-class infotainment, driver assistance, and connectivity features

✗ Where it falls short

  • Few standout weaknesses — review individual sub-scores for nuance
  • Some competing models offer a higher overall score at a similar price

NHTSA Recalls — 2026 Volvo EX40 (1 on record)

The following recall campaign has been filed with NHTSA for this model and year. Recall repairs are performed free of charge by franchised dealers; check your specific vehicle with our free VIN recall checker.

Service brakes, hydraulic / Power assist / Electric / Control module / Software
24/06/2025 · 25V392000
Volvo Car USA, LLC (Volvo Car) is recalling certain 2023 Volvo C40 BEV, 2025 EC40, 2023-2024 XC40 BEV, 2020-2026 XC90 PHEV, 2022-2026 XC60 PHEV, 2023-2025 S60 PHEV, 2024-2025 V60 PHEV, and 2025-2026 EX40 and 2025 S90 PHEV vehicles. In certain driving…

Source: NHTSA recall database, fetched at page build time.

Own a 2026 Volvo EX40 that's been repaired repeatedly for the same problem? It may qualify under your state's lemon law — run the free lemon law check →

Common Questions — 2026 Volvo EX40

Is the 2026 Volvo EX40 reliable?

We rate the 2026 Volvo EX40's reliability 8.4/10 — one of the stronger records in its class. It has 1 NHTSA recall campaign on record for this model year (details in the recalls section above — repairs are free at dealers).

How many recalls does the 2026 Volvo EX40 have?

1 NHTSA recall campaign matched this model and year as of our latest check. Verify your specific vehicle by VIN at nhtsa.gov/recalls.

Is the 2026 Volvo EX40 worth buying?

It scores 8.8/10 overall, ranking #5 of 268 evs in our database (better than 99% of the segment). That puts it among our strongest recommendations in the class.

How much does the 2026 Volvo EX40 cost?

The 2026 Volvo EX40 starts at $54,495 and ranges up to $59,895 across trims (MSRP when new). It is fully electric, so per-mile running costs are typically the lowest in its class.

What problems does the 2026 Volvo EX40 have?

The documented issues for the 2026 Volvo EX40 are its NHTSA recall campaigns, which involve: Service brakes, hydraulic (details in the recalls section above; repairs are free at dealers). For wear-and-tear patterns beyond recalls, owner forums are the best source — we only report what federal data documents.

Owner Essentials — Volvo EX40

Practical extras owners actually buy. These are Amazon search links — as an Amazon Associate, Carivo earns from qualifying purchases at no cost to you.

All-weather floor mats → Dash cam → OBD2 scanner → Phone mount →

Get the Monthly Reliability Report

Once a month: which brands moved up or down our reliability rankings, new recalls worth knowing, and the smartest-money model years. No spam, unsubscribe anytime.

Similar EV to Consider

Other evs at a similar price point, ranked by Carivo score.

2024 Genesis Electrified GV70
2024 Genesis Electrified GV70
9.0/10
View →
2026 Genesis Electrified GV70
2026 Genesis Electrified GV70
9.0/10
View →
2026 Polestar 3
2026 Polestar 3
8.9/10
View →
2024 Polestar 3
2024 Polestar 3
8.9/10
View →

More Volvo Reviews

Explore the full lineup of Volvo models scored by Carivo — ranked by overall score across reliability, safety, value, performance, and technology.