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2021 Volvo XC40 Recharge
#1 Best Luxury Electric SUVs of 2021

Used 2021 Volvo XC40 Recharge

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3.4
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2021 Volvo XC40 Recharge Exterior: 0
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2024
2021
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Electric Variation Available

EV Range
208 miles
Charge Time (240V)
8 hours
0-60
4.7 seconds
MPGe
79 combined mpge
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Calculate Your Annual Fuel Cost Savings

Electric ($0.16/kWh)
vs
Gas ($3.45/gal)
Edit
Fuel Savings
$670
/yr
Actual results will vary according to driving conditions, driving styles, vehicle maintenance. Cost estimates are based on 78MPGe vs 25.4 MPG, the estimated cost per gallon of gasoline of $3.45, and the estimated cost of electricity per kilowatt-hour of $0.16.

2021 Volvo XC40 Recharge Review

Andy Bornhop

By Andy Bornhop

Updated January 30, 2025

Andy Bornhop is an author specializing in new cars, trucks, SUVs, crossovers and vans. He’s been admiring wheeled conveyances since he was kid and has been writing about them professionally since his college days. While Andy admires quality, technology, efficiency, and style, he’s also a big fan of utility, practicality and refinement, and therefore can find a Sprinter van as fascinating as a Corvette. Most important to Andy, though, is how well a vehicle responds to its driver.

Pros

  • It’s an electric XC40
  • With 402 horsepower, it’s quick
  • Two electric motors, AWD
  • Google infotainment
  • Power liftgate

Cons

  • EPA range of only 208 miles
  • Touchscreen not for everybody
  • Only 14.6 cubic feet of cargo space behind rear seat
  • Not inexpensive

What's New?

  • It’s the first all-electric Volvo
  • Made in Ghent, Belgium

While the 2021 Volvo XC40 Recharge looks much like a standard XC40 model, this compact 5-seat crossover SUV lacks a traditional grille. It doesn’t need one. This is an electric vehicle with low-set motors front and rear, and the lithium-ion battery pack resides in the flat floor of the XC40 T8 Recharge’s stout chassis.

Because there’s no engine up front, the XC40 Recharge has a front trunk, or “frunk.” At only 0.7 cubic feet in volume, this frunk is by no means huge, but it can accommodate a couple bags of groceries or (perhaps more often) a charging cable.

In back, the XC40 Recharge has only 14.6 cubic feet of cargo space (versus 20.7 for the standard XC40). This expands to 47.4 cubic feet when the Recharge’s rear bench is folded.

A Jaguar i-Pace, for comparison, has 25.3 cubic feet behind its rear seat, and 60.0 cubic feet with seat folded. The Audi e-tron, another electric SUV, is a bit roomier, with 28.5 and 57.0 cubic feet, respectively.

While this Volvo isn’t the roomiest compact electric SUV, the 2021 XC40 Recharge does have plenty of power. The front and rear electric motors have a combined 402 horsepower, and they draw power from the same 87-kWh lithium-ion battery pack used by the Polestar 2. According to Volvo, the XC40 Recharge can hit 60 mph in only 4.7 seconds. It also has a maximum towing capacity of 2,000 pounds.

The U.S. Environmental Protection Agency (EPA) says the 2021 Volvo XC40 T8 Recharge has a 208-mile range. As such, it comes up short against the Jaguar I-Pace (234 miles) and the Audi e-tron (222), as well as the Hyundai Kona Electric (258) and Chevrolet Bolt EUV (250 miles).

The battery pack, protected by crumple zones and mounted in a sturdy aluminum structure, can reach an 80% charge in as little as 40 minutes using a 220-volt fast charger.

Volvo plans to build nothing but electric vehicles by 2030, and the new 2021 XC40 T8 Recharge gives early adopters a chance to sample the EV action right now.

2021 Volvo XC40 Recharge Pricing

2021 Volvo XC40 Recharge pricing starts at $24,250 for the XC40 Recharge Sport Utility 4D, which had a starting MSRP of $55,085 when new. The range-topping 2021 XC40 Recharge Sport Utility 4D starts at $24,250 today, originally priced from $55,085.

Original MSRP
KBB Fair Purchase Price (national avg.)
$55,085
$24,250

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2021 Volvo XC40 Recharge models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Volvo XC40 Recharge

KBB recently spent some time in a 2021 Volvo XC40 T8 Recharge. Our findings:

With 408 horsepower, the XC40 Recharge is remarkably quick. It has immediate power as soon as the accelerator pedal is pressed. It’s quiet, too, with only a hint of an audible electric whine. Because this Volvo is an all-wheel-drive (AWD) vehicle, its abundant electric torque doesn’t have any untoward effect on the steering, which has a natural effort, but a ratio that’s slightly slower than expected.

Because the bulk of the XC40 Recharge’s weight is the battery carried low in its chassis, this Volvo takes corners with excellent composure. Even though this electric Volvo has the elevated seating position of a compact crossover SUV, its low center of gravity equates to minimal body roll in turns.

Driving around Los Angeles, we opt for one-pedal driving. This allows the driver to accelerate or slow this Volvo EV as needed, simply by pressing or releasing the accelerator pedal. There’s no need to ever touch the brakes.

While it takes a while to master the one-pedal technique, you’ll get there. And once you do, you’ll find that it’s a very efficient way to drive because every time you lift off the accelerator, the electric motors become generators that charge the battery pack.

At one point, the battery gauge in the XC40 Recharge’s digital instrument panel shows a 93-percent charge. Wanting to know what that equates to in miles, I use the “Hey, Google” audible interface to ask the vehicle what my remaining range is in miles. It replies: “211 miles.”

Interestingly, that’s more than the official EPA range of 208 miles. How can that be? Well, we all must understand that with one-pedal driving — particularly the type you do in stop-and-go LA traffic — regen happens every time you lift off the pedal. In regular 2-pedal driving, the XC40 Recharge doesn’t slow much at all when you lift off the accelerator. In fact, this Volvo really wants to keep moving, and an actual brake application is needed to effectively slow the vehicle and begin charging its battery.

All told, driving the XC40 Recharge is a pleasant experience. It’s quick, comfortable, and refined, and vehicle ingress/egress is remarkably easy, given this Volvo’s convenient height. While the new XC40 Recharge may not have the range of some of its competition, it still has more than enough to satisfy the typical daily needs of most buyers. That stated, it wouldn’t displease us if Volvo chose to give up some straight-line acceleration for added range.

Interior Comfort

The 5-seat Volvo XC40 T8 Recharge has an interior with a modern and youthful feel. While the seats are the same as those of the standard XC40, the Recharge has concave décor panels on the dash and front doors as well as unique air vents and door panels with deep pockets.

Drawing most attention inside this compact Volvo electric SUV is the large and vertical central touchscreen, which offers Google Assistant, Google Maps, and the Google Play Store but remains compatible with Apple CarPlay.

As a vehicle based on Volvo’s Compact Modular Architecture (CMA), the XC40 Recharge was built with electrification in mind, so it similar interior space as the standard XC40. It also has Volvo’s patented “Air Woofer” speaker, mounted just below the windshield. Volvo says it provides the vehicle with powerful bass without occupying precious space in the door panels.

Interior highlights include heated, power-adjustable front seats, configurable 12.3-inch digital instrument cluster, and a multi-talented center console that includes an electronic gear shifter with a storage area below, a USB-C port, a removable wastebasket, and a center armrest offering yet more storage below.

While the XC40 Recharge isn’t as roomy as a standard XC40 in the far back, Volvo makes the most of the cargo space. A foldable and removable floor can be transformed into a load divider, or it can be used to create a sub-floor storage area that is hidden and secure when the XC40 Recharge is locked.

Exterior Styling

How can you spot an XC40 Recharge? Easy. Look for an XC40 with a gloss-black roof, gloss-black roof rails, and gloss-black mirror caps. Also, the XC40 Recharge sports a unique front fascia that lacks a conventional grille.

The XC40 Recharge’s new nose serves two purposes: It improves aerodynamics (and thereby range) while also providing a mounting platform for the XC40 Recharge’s entirely new Advanced Driver Assist System (ADAS).

Other unique bits include a charging port (on the driver’s side rear fender), a gloss-black rear diffuser, and Recharge badging on the hatch, C-pillars, and front door sills. The XC40 Recharge also is available in an exclusive color called Sage Green Metallic.

Favorite Features

GOOGLE SERVICES
The Volvo XC40 Recharge has a redesigned central touchscreen and driver module that uses the Android Auto operating system.  This means the XC40 T8 Recharge has Google Services, which includes Google Maps and Google Assistant.

NEW ADAS SENSOR PLATFORM
The new XC40 T8 Recharge has Volvo’s newest Advanced Driver Assist System (ADAS) sensor platform, which means the vehicle is better at avoiding collisions. At low and high speeds, the XC40 will apply its brakes and sometimes steer away from an accident with another vehicle, pedestrian, or cyclist. The new scalable sensor platform, coming to all Volvos, receives over-the-air functional updates.

Standard Features

The XC40 T8 Recharge complements its robust chassis and dual-motor AWD electric powertrain with a generous list of standard features.

Notable standard features include a 12.3-inch digital instrument panel, 19-inch alloy wheels, a charcoal-colored headliner, a leather-wrapped steering wheel, dual-zone climate control, a power moonroof, tinted rear glass, and a high-voltage coolant heater. This last item allows you to bring the interior of the XC40 Recharge interior up to a comfortable temperature before you get into the vehicle on a cold morning.

Other standard hardware on the 2021 Volvo XC40 Recharge includes a heated grille emblem (which also acts as a housing for the front camera) and heated front seats, plus fog lights, a rear armrest (with cupholders), power-retractable side mirrors, satellite radio, and voice controls for the climate, navigation, and entertainment systems.

Standard safety features on this compact electric Volvo SUV abound. Besides eight airbags, the XC40 Recharge has blind-spot monitoring, rear cross-traffic alert (with automatic braking), a driver-alertness monitor, a lane-departure warning, and lane-keep assist.

Factory Options

Options on the 2021 Volvo XC40 Recharge include 20-inch alloy wheels ($800), a Climate Package ($750), an Advanced Technology Package ($1,300), and a 14-speaker Harman Kardon premium audio system ($800).

The Advanced Technology Package comes highly recommended. It includes adaptive cruise control (with Pilot Assist, Volvo’s hands-on semi-autonomous driving system), a 360-degree camera, wireless smartphone charging, and niceties like a 12-volt power outlet in the cargo area and high-pressure headlight washers.

The Climate Package includes a heated steering wheel, heated wiper blades, and heated rear seats.

Battery Power, Charge Times, and Range

The 2021 Volvo XC40 Recharge shares its dual-motor powertrain and 87-kWh lithium-ion battery pack with the Polestar 2. There’s a liquid-cooled electric motor at each end, with a battery mounted low in the chassis between the axles.

Combined, the two electric motors produce 402 horsepower and 487 lb-ft of torque.

The EPA rates the XC40 Recharge at 85 MPGe in the city and 72 MPGe on the highway. The max range is 208 miles. Top speed is limited to 112 mph.

A few other notable facts: The maximum towing capacity of the Volvo XC40 Recharge is 2,000 pounds. Using a DC fast charger, the XC40 Recharge can be brought up to an 80% charge in about 40 minutes. Also, the XC40 Recharge comes with an 11-kW onboard charger.

Two permanent-magnet synchronous motors
87-kWh lithium-ion battery pack
402 horsepower
487 lb-ft of torque
EPA city/highway fuel economy: 85/72 MPGe
EPA Range: 208 miles


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2021 Volvo XC40 Recharge
KBB.com Consumer Reviews

3.4
Consumer Rating
Based on 7 Consumer Reviews
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100%Recommend this vehicle
5
57%
5
57%
4
0%
4
0%
3
0%
3
0%
2
14%
2
14%
1
29%
1
29%
Value
5.0
Performance
5.0
Quality
5.0
Comfort
5.0
Reliability
5.0
Styling
5.0

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2021 Volvo XC40 Recharge Style

Style
Price
EV Range
Charge Time
0-60
Combined MPGe
Top Speed
Horsepower
Cargo Capacity
Curb Weight
Sport Utility 4D
$24,250
208 - 208 miles
8 hours
4.7 seconds
208 - 208 MPGe
112 mph
402 hp
57.5 cu ft
4741 lbs
See Full Specs for All 2021 Volvo XC40 Recharge Styles
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2021 Volvo XC40 Recharge Depreciation

A 2021 Volvo XC40 Recharge has depreciated $29,152 or 57% in the last 3 years and has a current resale value of $21,770 and trade-in value of $20,331.

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2021 Volvo XC40 Recharge
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2021 Volvo XC40 Recharge Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
-
$50,922
$48,276
2023
$4,544
$46,378
$44,702
2024
$18,857
$27,521
$25,914
Now
$5,751
$21,770
$20,331
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2021 Volvo XC40 Recharge Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
4741 lbs.
Front Head Room
39.0 inches
Front Leg Room
40.9 inches
Max Seating Capacity
5
Minimum Ground Clearance
6.9 inches
Overall Length
174.2 inches
Front Shoulder Room
56.7 inches
Towing Capacity, Maximum
2000 lbs.
Trunk or Cargo Capacity
57.5 cu.ft.
Turning Diameter
37.4 feet
Wheel Base
106.4 inches
Width with mirrors
80.1 inches

Exterior

Alloy Wheels
Available
Fog Lights
Available
Number of Doors
4 doors
Panorama Moon Roof
Available
Privacy Glass
Available
Roof Rails
Available
LED Headlights
Available
Rear Spoiler
Available

Fuel Economy

City
85 MPGe
Combined
79 MPGe
Highway
72 MPGe

Mechanical

Drivetrain
AWD
1 speed
Available
Hill Descent Control
Available
Hill Start Assist
Available
Parking Assist System
Available

Performance

Horsepower
402 hp
Torque
486 foot pounds
Engine
Dual Electric Motors
Estimated Electric Range
208 miles
Charge Time (240V)
8 hours
Battery Capacity
N/A
0 to 60
4.7 seconds
Top Speed
112 mph

Warranty

Basic
4 years / 50000 miles
Powertrain
4 years / 50000 miles
Corrosion
12 years / Unlimited miles

Comfort & Convenience

  • Heated Steering Wheel
  • Integrated Garage Door Opener

Entertainment

  • Premium Radio
  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • 12V Power Outlet
  • Steering Wheel Controls
  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Leather Seats
  • Heated Seats
  • Heated Rear Seats
  • Dual Power Front Seats
  • Power Driver's Seat

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Remote Keyless Entry
  • Smartphone Interface
  • USB Port
  • Voice Recognition System

2021 Volvo XC40 Recharge Safety

2021 Volvo XC40 Recharge Safety Technology

Collision Warning

The XC40 Recharge detects vehicles, cyclists, and pedestrians, even at night. If one of these is sensed in the XC40’s path, this Volvo’s brakes will pulse, an audible signal will sound, and a visual warning will appear in theXC40 Recharge’s driver display.

Collision Avoidance

 

If a collision is imminent and the driver hasn’t hit the brakes with enough pressure, the XC40 Recharge takes over immediately to apply maximum possible brake pressure, possibly preventing a crash or at least reducing its severity.

Battery Safety Cage

The large battery is embedded low in the XC40 Recharge chassis, between the front and rear axles. It’s housed in a safety cage made of extruded aluminum. The cage even has built-in crumple zones for better battery protection in accidents.

Connected Safety

With Connected Safety, which is standard, the XC40 Recharge uses the cloud to send information about slippery roads and other potential road hazards among connected Volvo cars.

Compare to Similar Vehicles

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Tesla Model Y
New 2024
Volvo XC40 Recharge
Used 2021
Tesla Model Y
See Details
Price
$24,250
$24,644
$53,645
$27,223
KBB.com Rating
4.5
4.1
4.5
4.1
Consumer Rating
3.2
4.1
3.2
4.1
Fuel Economy
City 85/Hwy 72/Comb 79 MPGe
City 140/Hwy 119/Comb 129 MPGe
City 118/Hwy 95/Comb 106 MPGe
City 131/Hwy 117/Comb 125 MPGe
Fuel Type
ElectricLeafIcon
ElectricLeafIcon
ElectricLeafIcon
N/A
5 Year Cost To Own
5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation).
N/A
N/A
$63,300
N/A
Estimated EV Range
208 miles
244 miles
293 miles
326 miles
Seating Capacity5757
Basic Warranty
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
0-60
4.7 seconds
N/A
6.9 seconds
4.8 seconds
Horsepower
402 HP
N/A
248 HP
N/A
Engine
Dual Electric Motors
AC Electric Motor
Electric Motor
Dual AC Electric Motors
Drivetrain
AWD
RWD
RWD
AWD

2021 Volvo XC40 Recharge Rankings

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FAQs

Is the 2021 Volvo XC40 Recharge a good vehicle?

Yes, the 2021 Volvo XC40 Recharge is a good car, as reflected by its above-average Kelley Blue Book rating of 4.5 out of 5.

How much should a 2021 Volvo XC40 Recharge cost?

Used 2021 Volvo XC40 Recharge prices currently range from $24,250 for the Sport Utility 4D to $24,250 for the Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Volvo XC40 Recharge?

The cheapest 2021 Volvo XC40 Recharge is the Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $24,250.

Is the 2021 Volvo XC40 Recharge reliable?

The 2021 Volvo XC40 Recharge is part of the 1st-generation XC40 Recharge, which our owners give an above-average reliability rating of 5 out of 5.

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