2023 head-to-head · Small SUV
2023 Tesla Model Y 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.
AWD · Electric motors (300 kW) · Single-speed · 85 MPGe · 223 mi
The 2023 Tesla Model Y is the cheaper one to run. Driving 15,000 miles a year with 18¢/kWh electricity, it costs about $742 a year to fuel (123 MPGe), versus $1,064 for the 2023 Volvo XC40 EV (85 MPGe). That's roughly $321 a year, or about $1,606 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
- Tesla Model Y
- Volvo XC40 EV
Side by side
| Tesla Model Y | Volvo XC40 EV | |
|---|---|---|
| $742 | Your annual fuel cost | $1,064 |
| 123 MPGe | Combined efficiency | 85 MPGe |
| 129 MPGe | City | 92 MPGe |
| 116 MPGe | Highway | 79 MPGe |
| 27.5 kWh | Electricity use (kWh/100 mi) | 39.4 kWh |
| 279 mi | Driving range | 223 mi |
| 0 g/mi | Tailpipe CO₂ (g/mi) | 0 g/mi |
| 10/10 | EPA fuel economy score | 10/10 |
| 10/10 | EPA greenhouse gas score | 10/10 |
| 9.4 hrs | Charge time at 240V | 8 hrs |
| Electric | Powertrain | Electric |
| Electricity | Fuel | Electricity |
| Electric motors (291 kW) | Engine / motor | Electric motors (300 kW) |
| Single-speed | Transmission | Single-speed |
| AWD | 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.
Tesla Model Y vs Volvo XC40 EV across model years
- Tesla Model Y
- 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
The Tesla Model Y goes farther between stops: about 279 miles on a charge, compared with 223 miles for the Volvo XC40 EV.
Among 118 2023 small SUVs, the Tesla Model Y ranks 2nd and the Volvo XC40 EV 12th for lowest fuel cost.
Frequently asked questions
Which is more fuel-efficient, the 2023 Tesla Model Y or the 2023 Volvo XC40 EV?
Measured by cost to drive, the Tesla Model Y. The Tesla Model Y is rated 123 MPGe combined and the Volvo XC40 EV 85 MPGe (EPA, most efficient configuration of each).
How much does it cost to fuel the 2023 Tesla Model Y vs. the Volvo XC40 EV per year?
At 15,000 miles a year with 18¢/kWh electricity, about $742 for the Tesla Model Y and $1,064 for the Volvo XC40 EV.
Which has more range?
The Tesla Model Y: about 279 miles versus 223 miles.
Tesla Model Y vs Volvo XC40 EV in other years
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