2024 head-to-head · Small SUV
2024 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.
The 2024 Tesla Model Y is the cheaper one to run. Driving 15,000 miles a year with 18¢/kWh electricity, it costs about $756 a year to fuel (120 MPGe), versus $856 for the 2024 Volvo XC40 EV (106 MPGe). That's roughly $100 a year, or about $499 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 | |
|---|---|---|
| $756 | Your annual fuel cost | $856 |
| 120 MPGe | Combined efficiency | 106 MPGe |
| 128 MPGe | City | 118 MPGe |
| 112 MPGe | Highway | 95 MPGe |
| 28 kWh | Electricity use (kWh/100 mi) | 31.7 kWh |
| 260 mi | Driving range | 293 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 hrs | Charge time at 240V | 8 hrs |
| Electric | Powertrain | Electric |
| Electricity | Fuel | Electricity |
| Electric motor (203 kW) | Engine / motor | Electric motor (220 kW) |
| Single-speed | Transmission | Single-speed |
| RWD | Drivetrain | RWD |
✓ 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 Volvo XC40 EV goes farther between stops: about 293 miles on a charge, compared with 260 miles for the Tesla Model Y.
Among 119 2024 small SUVs, the Tesla Model Y ranks 2nd and the Volvo XC40 EV 13th for lowest fuel cost.
Frequently asked questions
Which is more fuel-efficient, the 2024 Tesla Model Y or the 2024 Volvo XC40 EV?
Measured by cost to drive, the Tesla Model Y. The Tesla Model Y is rated 120 MPGe combined and the Volvo XC40 EV 106 MPGe (EPA, most efficient configuration of each).
How much does it cost to fuel the 2024 Tesla Model Y vs. the Volvo XC40 EV per year?
At 15,000 miles a year with 18¢/kWh electricity, about $756 for the Tesla Model Y and $856 for the Volvo XC40 EV.
Which has more range?
The Volvo XC40 EV: about 293 miles versus 260 miles.
Tesla Model Y vs Volvo XC40 EV in other years
More 2024 comparisons
Tesla Model Y vs…
Or compare the 2024 Tesla Model Y with anything else: