2024 Volvo C40 and XC40 Recharge get enhanced features and updated pricing in the US

Max McDee, 03 November 2023

In the evolving landscape of electric vehicles, Volvo has positioned itself as a beacon of reliability and innovation. The 2024 lineup of Volvo’s electric fleet in the United States is setting a new standard for the industry, offering substantial upgrades with minimal financial impact.

Starting with the 2024 Volvo C40 Recharge, drivers can look forward to an impressive EPA-estimated range of up to 297 miles – a significant jump from its predecessor's 226 miles. Underneath its Scandinavian design lies an 82-kilowatt-hour battery propelling the new rear-wheel-drive (RWD) variant, which starts at a competitive MSRP of $53,600. For those requiring more traction, the all-wheel-drive (AWD) version comes in at just $55,350 – remarkably close to the AWD pricing of the 2023 model, while providing a greater EPA range of 257 miles, up from the previous 226 miles.

2024 Volvo XC40 Recharge 2024 Volvo XC40 Recharge

The XC40 Recharge, meanwhile, greets us with a base RWD variant starting at $52,450, subtly climbing from the previous year's model. The AWD option sits at $54,200, marking a nominal increase of $650. The RWD configuration is particularly notable for reintroducing rear-wheel propulsion to Volvo's lineup after a quarter-century hiatus, merging traditional driving dynamics with modern electric efficiency.

Full pricing details:

Model Base Price Dest. Charge Tax Credit Effectice Price
2023 Volvo C40 Recharge AWD 19-inch $55,300 +$1,095 N/A $56,395
2023 Volvo XC40 Recharge AWD 19-inch $53,550 +$1,095 N/A $54,645
2024 Volvo C40 Recharge RWD 19-inch $53,600 +$1,095 N/A $54,695
2024 Volvo C40 Recharge AWD 19-inch $55,350 +$1,095 N/A $56,445
2024 Volvo XC40 Recharge RWD 19-inch $52,450 +$1,195 N/A $53,645
2024 Volvo XC40 Recharge AWD 19-inch $54,200 +$1,195 N/A $55,395

These figures are striking when one considers that these models arrive from abroad and, as such, are currently ineligible for the $7,500 federal tax credit offered under the Inflation Reduction Act of 2022. However, Volvo hints at the possibility for consumers to reap these benefits through leasing options.

The pricing across all trims for both vehicles ranges from the Core to the Ultimate, hitting the ceiling at $60,550. These price tags might deter some, but for aficionados of the brand's enduring reputation for safety and quality, it's a worthwhile investment.

Basic specification:

Model Drive Battery (kWh) EPA range 0-60 mph Top speed
2023 Volvo C40 Recharge AWD 19-inch AWD 78 226 miles 4.5 112 mph
2023 Volvo XC40 Recharge AWD 19-inch AWD 78 223 miles 4.7 112 mph
2024 Volvo C40 Recharge RWD 19-inch RWD 82 297 miles 6.9 112 mph
2024 Volvo C40 Recharge AWD 19-inch AWD 78 257 miles 4.6 112 mph
2024 Volvo XC40 Recharge RWD 19-inch RWD 82 293 miles 6.9 112 mph
2024 Volvo XC40 Recharge AWD 19-inch AWD 78 254 miles 4.6 112 mph

Let’s not miss the performance numbers that tell a compelling tale. The 2024 C40 Recharge RWD will hit 0 to 60 mph in a respectable 6.9 seconds, matching the XC40 Recharge RWD, both maxing out at a top speed of 112 mph. The AWD variants of both models shave off a couple of seconds, clocking in at 4.6 seconds, promising an enthusiastic driving experience.

For the tech-savvy and environmentally conscious, these vehicles embody a shift towards a future where sustainability does not compromise style or substance. Interestingly, while the C40 is exclusively electric, the XC40 still offers a combustion engine alternative, though the price comparison clearly nudges consumers towards considering their electric options.

2024 Volvo C40 Recharge 2024 Volvo C40 Recharge

As we look to the horizon, the Volvo EV lineup, with its enhanced battery technology and thoughtful design, underscores a deeper narrative of an industry inching closer to a tipping point – one where electric vehicles become the norm rather than the exception.

The 2024 Volvo electric models aren’t just about new battery packs or additional miles on the range calculator. They represent a commitment to a greener future, matched with the pragmatism of reasonable pricing. Perhaps the true upgrade lies in Volvo's ability to make this future seem both attainable and desirable.


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Reader comments

  • macauley-6

I'm glad Volvo brought back rear-wheel drive with the XC40. It's cool to see them merge traditional driving dynamics with electric efficiency.



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