The Volvo EX40 is rated 106 MPGe (118 city, 94 highway) — that is not petrol economy but the distance it covers on 33.7 kWh, the energy held in one gallon. Drawn from a socket it needs 31.8 kWh per 100 miles, so 12,000 miles a year costs about $649 at $0.17 a kWh. The EPA's own annual figure for it is $700.
Every Volvo EX40 version, compared
The Volvo EX40 was rated in a single specification, so its consumption does not vary by version — only by model year. Yearly cost assumes 12,000 miles at $0.17 a kilowatt-hour.
| Version | Combined MPGe | City / Highway | Years | Charging per year |
|---|---|---|---|---|
| Electric | 118 / 94 | 2025–2026 | $649 |
What that actually costs
MPGe is an abstraction; the electricity bill is not. At 12,000 miles a year the Volvo EX40 draws about 3816 kWh, which at $0.17 comes to the figures below.
| Measure | Value |
|---|---|
| Energy use | 31.8 kWh per 100 miles |
| Cost per mile | $0.054 |
| Charging per year | $649 |
| Charging over five years | $3,245 |
| Against other Electric cars | −$32 a year |
| EPA's own estimate | $700 a year |
City or highway — who is this car for
The Volvo EX40 is one of the cars that does better in town than out of it — 118 in the city against 94 on the highway. That is $84 a year in favour of the commuter stuck in traffic, and it usually means a hybrid drivetrain recovering energy every time you brake.
| Measure | Value | Reading |
|---|---|---|
| City | 118 MPGe | $583 a year if you only drive in town |
| Highway | 94 MPGe | $732 a year if you mostly commute |
| Gap | -24 MPGe (-20%) | Reversed — it does better in town than on the open road |
How the EX40 changed over the years
Combined figure across the 2 model years the EX40 was rated in, all of them at 106 MPGe.
| Model year | Combined MPGe | City / Highway | Versions offered | Charging per year |
|---|---|---|---|---|
| 2026 | 118 / 94 | 1 | $649 | |
| 2025 | 118 / 94 | 1 | $649 |
MPG is a number. Dollars per year is the answer.
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How we count
This page rests on 2 EPA ratings of the Volvo EX40 — 1 engine across 2025–2026. The mileage is EPA's laboratory figure, unchanged; the yearly bill is ours, at 12,000 miles and $0.17 a kilowatt-hour, against EPA's own estimate of $700. Full method.
Frequently asked questions
What is the Volvo EX40 rated at?
106 MPGe combined on average — 118 in the city and 94 on the highway, per EPA ratings across 2025–2026. MPGe is distance covered on 33.7 kWh, the energy in a gallon of petrol — the car itself takes none.
How much does a Volvo EX40 cost to charge per year?
About $649 at 12,000 miles and $0.17 a kilowatt-hour — roughly $3,245 over five years, or 0.054 dollars a mile.
Which EX40 version is the most efficient?
The Electric at 106 MPGe.
Is the EX40 efficient compared with similar cars?
Against other Electric cars it sits above the average of 101 MPGe, computed across 426 ratings.
Are these real-world EX40 figures?
No — they are EPA laboratory ratings, the same ones printed on the window sticker, and EPA's own annual fuel estimate for the Volvo EX40 is $700 against the $649 we compute at 12,000 miles. Expect a little worse in practice: the spread between the city and highway figures is smaller than the spread between two drivers of the same one.
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