Volvo reveals pricing for the updated 2024 C40 and XC40 Recharge EV

Volvo reveals pricing for the updated 2024 C40 and XC40 Recharge EV

Volvo has announced pricing for its entire 2024 lineup, including the upgraded C40 and XC40 Recharge EVs. For the first time in 25 years, Volvo will offer a rear-wheel drive model in the United States, among other improvements.

Volvo has responded to the two biggest demands with its updated C40 and XC40 Recharge electric models – greater range and faster charging.

The automaker introduced 2024 models with newly developed in-house electric powertrain options.

Volvo’s new extended range C40 Recharge and XC40 Recharge feature a 248 hp electric motor. The 2024 C40 and XC40 Recharge, equipped with an improved e-motor and a more energy-dense battery, can achieve up to 297 and 293 miles of EPA range, respectively.

With an improved 82 kWh battery pack, charging power has improved with the ability to charge your vehicle from 10% to 80% in approximately 28 minutes (200 kW DC).

The updated Twin Motor AWD variant also gets greater range with a new 255 hp electric motor at the rear and a 147 hp e-motor on the front axle.

Volvo-2024-EV prices
2024 Volvo C40 (left) and XC40 (right) recharging electric vehicles (Source: Volvo)

The XC40 Recharge Twin Motor AWD has a range of 254 miles, 30 more than the outgoing model. Meanwhile, the C40 Recharge Twin has a range of 257 miles, compared to 226 miles previously.

The improved exterior design also contributes to improved efficiency. New 19-inch alloy wheels help reduce drag while improving appearance.

Volvo-2024-EV prices
Volvo C40 (right) and XC40 (left) recharging electric vehicles (Source: Volvo)

Volvo C40 and XC40 Recharge EV pricing upgrade for 2024

Volvo released pricing for the updated C40 and XC40 Recharge EV on Friday along with the entire 2024 model lineup.

The XC40 Recharge will start at $52,540, while the C40 Recharge is priced at $53,600. The higher-priced trims range from $55,000 to $60,000.

2024 Volvo XC40 a C40 Recharge Starting price
(MSRP)
XC40 Recharge Single Engine Range Extended Rear Wheel Drive, Core $52,450
XC40 single motor recharger extended range rear wheel drive, plus $55,400
XC40 Recharge Single-motor range-extended rear-wheel drive, final $58,800
XC40 Recharge Twin Motor AWD, standard $54,200
XC40 Recharge Twin Motor AWD, plus $57,150
XC40 Recharge Twin Motor AWD, Ultimate $60,550
C40 Recharge Single-motor range-extended rear-wheel drive, standard $53,600
C40 Recharge Single range extended engine rear-wheel drive, plus $55,400
C40 Recharge Single motor extended range rear wheel drive, final $58,800
C40 Recharge Twin Motor AWD, standard $55,350
C40 Recharge Twin Motor AWD, plus $57,150
C40 Recharge Twin Motor AWD, Ultimate $60,550
Volvo XC40 and C40 2024 prices

Volvo has several new all-electric models. The automaker is launching three new electric vehicles, including the three-row EX90, the entry-level EX30 (see our review), and its first electric pickup truck, the EM90.

Volvo was one of the first legacy automakers to commit to an all-electric future by 2030. It aims to have a 50% share of electric vehicle sales by 2025 as it works to become an all-electric brand.

Are you ready to jump into your new Volvo electric car? You can use our links to find great deals at a nearby dealer. Check out the links below to get started.

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