2024 Volvo XC40 Recharge — Carivo review carivo.co
SUV

2024 Volvo XC40 Recharge

Independent review & score by Carivo

Price Range $59,900–$77,982
Fuel Economy 102 MPG
Seating 5 passengers
Category SUV
Est. Annual Fuel $515/yr

Key Specifications — 2024 Volvo XC40 Recharge

TransmissionAutomatic (A1)
DrivetrainRear-Wheel Drive
Fuel TypeElectricity
City / Hwy MPG118 / 95 MPG
Combined MPG106 MPG
Est. Annual Fuel Cost$700
Seating Capacity5 passengers
Body StyleSUV
Base Price$59,900–$77,982

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

About the 2024 Volvo XC40 Recharge

The 2024 Volvo XC40 Recharge is a suv that earns a Carivo score of 8.1/10 — rated Recommended. Its strongest dimension is Safety at 8.9/10, while Performance at 7.5/10 is where it trails the competition most noticeably. It's a solid all-rounder that delivers across most dimensions without obvious deal-breakers.

Reliability and safety are the two dimensions that matter most for long-term ownership costs. The reliability picture is solid rather than spectacular: 8.0/10, which puts it comfortably above the class median. On safety, it scores 8.9/10 in our assessment. Always confirm the official crash-test results for your exact trim at nhtsa.gov/ratings.

With 7.5/10 for performance, this is a car tuned for daily driving rather than excitement — perfectly capable on the commute, unremarkable on a back road. On technology it rates 8.6/10: a modern, well-integrated suite that compares favorably with anything at this price point.

Priced from $59,900–$77,982, 102 MPG, seating 5, the Volvo XC40 Recharge sits in the premium tier of the suv category. At 7.7/10 for value, it delivers fair pricing for what's on offer, though the best alternatives in this price range score slightly higher. At 2 years old, it's recent enough that the core feature set holds up well against current competition.

Verdict: Nothing about the 2024 Volvo XC40 Recharge will scare a sensible buyer off. It scores consistently across the board, and it does what a good suv should — quietly and competently.

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 SUVs

The 2024 Volvo XC40 Recharge ranks #84 of 2454 suvs in the Carivo database — better than 97% of the segment. Its 8.1/10 overall score is 0.7 points above the segment average of 7.4/10. Its $59,900 starting price is about 66% above the segment's median of $36,079.

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

Which XC40 Recharge Year Should You Buy?

Smart-money pick: the 2021 Volvo XC40 Recharge scores 7.9/10 — within striking distance of the 2024's 8.1 — and starts roughly $5,500 lower. If you don't need the newest model year, that's money better spent on a higher trim or kept in your pocket.

YearScoreStarting price (MSRP when new)
2025 8.1/10$61,697 Read review →
2024 (this review) 8.1/10$59,900
2023 8.0/10$58,103 Read review →
2022 8.0/10$56,306 Read review →
2021 7.9/10$54,509 Read review →

Pros & Cons — 2024 Volvo XC40 Recharge

✓ 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
  • Competent performance that satisfies most everyday driving demands
  • 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

Similar SUV to Consider

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2024 Acura MDX Type S
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