2022 head-to-head · Small SUV

2022 Volvo XC40 vs Volvo XC40 EV

MPG, range and what each one really costs you to fuel, from official EPA ratings and recalculated with your own gas and electricity prices.

Swap sides
✓ Cheaper to run
$1,788/ year to fuel
26 MPG
✓ Cheaper to run
$1,064/ year to fuel
85 MPGe

AWD · Electric motors (300 kW) · Single-speed · 85 MPGe · 223 mi

The 2022 Volvo XC40 EV is the cheaper one to run. Driving 15,000 miles a year with $3.10/gal regular gas and 18¢/kWh electricity, it costs about $1,064 a year to fuel (85 MPGe), versus $1,788 for the 2022 Volvo XC40 (26 MPG). That's roughly $725 a year, or about $3,623 over five years.

Your numbers

Change these to match your driving and local prices. Every figure and chart on this page updates.

Fuel cost over 10 years

  • Volvo XC40
  • Volvo XC40 EV

Side by side

Volvo XC40Volvo XC40 EV
$1,788 Your annual fuel cost $1,064
26 MPG Combined efficiency 85 MPGe
23 MPG City 92 MPGe
32 MPG Highway 79 MPGe
— Electricity use (kWh/100 mi) 39.4 kWh
— Driving range 223 mi
98 cu ft Passenger volume 98 cu ft
25 cu ft Cargo volume 25 cu ft
340 g/mi Tailpipe CO₂ (g/mi) 0 g/mi
5/10 EPA fuel economy score 10/10
5/10 EPA greenhouse gas score 10/10
— Charge time at 240V 8 hrs
Gas Powertrain Electric
Regular gasoline Fuel Electricity
2.0L 4-cyl turbo Engine / motor Electric motors (300 kW)
8-speed automatic Transmission Single-speed
FWD Drivetrain AWD

✓ marks the better value. EPA scores run 1–10 (10 is best). Volumes come from the EPA interior volume index and aren't published for every body style.

Volvo XC40 vs Volvo XC40 EV across model years

  • Volvo XC40
  • Volvo XC40 EV

Annual fuel cost of the most efficient configuration of each model year, at your prices. Click a point to open that year.

How they differ

Among 106 2022 small SUVs, the Volvo XC40 ranks 55th and the Volvo XC40 EV 9th for lowest fuel cost.

Because the Volvo XC40 EV is fully electric, it has no tailpipe emissions and its running cost depends almost entirely on your electricity rate. Cheap overnight home charging widens its advantage over the Volvo XC40; relying on DC fast chargers can erase it.

Frequently asked questions

Which is more fuel-efficient, the 2022 Volvo XC40 or the 2022 Volvo XC40 EV?

Measured by cost to drive, the Volvo XC40 EV. The Volvo XC40 is rated 26 MPG combined and the Volvo XC40 EV 85 MPGe (EPA, most efficient configuration of each).

How much does it cost to fuel the 2022 Volvo XC40 vs. the Volvo XC40 EV per year?

At 15,000 miles a year with $3.10/gal regular gas and 18¢/kWh electricity, about $1,788 for the Volvo XC40 and $1,064 for the Volvo XC40 EV.

Volvo XC40 vs Volvo XC40 EV in other years

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