Volvo XC40 - MPG, CO2 and running costs

The Volvo XC40 engine line-up is comprised only of petrol power with some mild-hybrid assistance to help boost fuel efficiency. It does this by adding a little bit of electric assistance to the engine when accelerating to reduce overall consumption, but it can’t drive the car using electric power alone like a traditional hybrid car, so it doesn’t have the fuel efficiency or low CO2 emissions of full hybrid or plug-in hybrid rivals.

The entry-level B3 is the most economical model in the XC40 range, with an efficiency of 42.7mpg that’s slightly better than the B4 at 42.1mpg. The emissions for the B3 are a little lower, too, at 150g/km compared to 152g/km for the B4. That still puts both versions in the fairly high 35 per cent bracket for Benefit-in-Kind (BiK) company car tax.

Electric range, battery life and charge time

The fully electric EX40 will probably be much more popular with company car drivers because it doesn’t produce any tailpipe emissions. 

It is a bit mean that you need to upgrade to a mid-range Plus trim to get an EX40 with a heat pump, which is a more efficient way of heating the interior of an electric car in cold weather.

Using a DC rapid charger, it’ll take 33 minutes to recharge the battery pack of both the Single Motor and Extended Range models from 10 to 80 per cent, while the Twin Motor version can accept a faster 205kW rate of charge and takes 28 minutes to achieve the same 10 to 80 per cent refill.

Utilising a standard 7.4kWh wallbox home charger, it’ll take 11 hours to refill a Single Motor EX40, 13 hours to do the same with an Extended Range model, and 15 hours for the Twin Motor model.

24

Insurance groups

Insurance groups for the XC40 range from 23 to 30, depending on the trim level. Insurance ratings for the electric EX40 haven’t been announced yet, but we don’t expect much of a change from the 36 to 42 group ratings of its XC40 Recharge predecessor, given that the latest EX40 isn’t any more powerful than before.

You can get personalised car insurance quotes fast with our comparison tool powered by Quotezone...

Depreciation

Volvo is currently on the crest of a wave in terms of customer demand. When you also factor in the strong desirability within the premium SUV market, it's no surprise that the XC40 has strong residual values: between 52 and 54 per cent for mild-hybrid petrol models. The best is the B3 Core, while the worst is the B4 Ultra.

The all-electric EX40 isn’t as desirable, ranging from 39 to 46 per cent over the same period. The entry-level Single Motor Core performs the best, with the Twin Motor Ultra losing the most value.

To get an accurate valuation on a specific model check out our valuation tool...