Volvo EX40

The Volvo EX40 is priced from Rs. 50.10 Lakh (ex-showroom) in India. It is available in 1 variants. Fuel options: Electric.

EX40
EX40
Volvo

Volvo EX40 Price

Rs. 50.10 Lakh50.10 Lakh
Ex-showroom · Delhi
Down payment ratio20% · ₹10,02,000
10%Loan: ₹40,08,00050%
Number of installments

Volvo EX40 Highlights

The Volvo EX40 is the Swedish brand’s compact electric SUV that blends Scandinavian minimalism with cutting‑edge tech, delivering a city‑ready range of about 260 km on a single charge and a price tag that undercuts many premium EV rivals. Its interior feels more like a high‑end lounge than a car cabin, thanks to sustainable materials, a panoramic glass roof and a simple, touch‑free infotainment system that Volvo says will stay up‑to‑date for years. Safety, which Volvo is famous for, gets a fresh spin with an all‑digital driver‑assist suite that can handle city traffic, parking and even limited highway cruising without driver input.

  • Ultra‑compact footprint (under 4.2 m) with a spacious cabin thanks to a flat floor and 20‑inch wheels.
  • Fully recyclable interior – vegan leather, recycled yarns and a “no‑plastic” dashboard.
  • Standard “Pilot Assist 2.0” – Level 2 autonomous driving with hands‑free lane keeping, traffic‑jam assist and automated parking.
  • Fast DC charging: 80 % charge in just 20 minutes via 150 kW chargers, plus a 150‑km range on a single 30‑minute charge.
7.9Overall

Volvo EX40 Expert Analysis

Stylish, safe, efficient EV SUV with premium feel; limited rear space and higher price.

Category scores
7
Value for Money
9
Safety
8
Performance
7
Comfort
8
Features
8
Reliability
8
Ownership
Buying recommendation

Buy the EX40 if you prioritize safety, design, and efficiency over rear‑seat space and price.

Pros
  • Exceptional safety suite
  • Premium Scandinavian design
  • Competitive electric range
  • Fast charging capability (80% in 30 min)
  • Over‑the‑air software updates
Cons
  • Rear‑seat legroom is tight
  • Higher entry price than local rivals
  • Limited service network beyond metros
Best for
city commuterssafety‑focused familiestech‑savvy professionals
Not ideal for
large familiesoff‑road enthusiastsbudget‑first buyers
Ownership insights
1Battery warranty of 8 years/160,000 km
2Low running cost due to electricity pricing
3Resale value holds better than many Chinese EVs
4Depreciation slower than non‑premium competitors
Full AI verdict

The Volvo EX40 arrives in India as a compact electric SUV that blends Scandinavian minimalism with cutting‑edge safety tech. Its 54 kWh battery delivers a real‑world range of 380 km under Indian conditions, and the 150 kW motor provides peppy city acceleration while keeping energy consumption low at 15 kWh/100 km. Volvo’s hallmark safety suite—standard City Safety, Pilot Assist, and a 360° camera—earns it a 5‑star NCAP rating, reassuring families and fleet operators alike. Inside, the Android‑powered infotainment system is intuitive, supports OTA updates, and offers a digital instrument cluster that can be customised. Build quality feels premium, though the cabin space is modest for taller passengers, and rear‑seat access is tighter than rivals. Pricing positions the EX40 just above the Tata Nexon EV and Hyundai Kona Electric, but the brand’s reputation for durability and resale value narrows the gap. Running costs are attractive thanks to low electricity rates and limited maintenance, yet the sparse dealer network may affect service convenience in tier‑2 cities. Overall, the EX40 is a compelling choice for safety‑conscious urban drivers seeking a stylish, efficient EV, provided they can accommodate its slightly higher price and limited rear‑seat room.

Vs competitors

Against the Tata Nexon EV and Hyundai Kona Electric, the EX40 offers superior safety features, a more refined interior, and a slightly longer range, but it trails on price and rear‑seat practicality. The Nexon EV wins on affordability and network reach, while the Kona provides a balanced mix of space and price. For buyers willing to pay a premium for Volvo’s safety pedigree and Scandinavian aesthetics, the EX40 stands out.

Key specs

Volvo EX40 specifications

Fuel Type
Electric
Power and Torque
238bhp
DriveTrain
RWD
Acceleration
7.3seconds
Top Speed
180kmph
Variants & Prices

Volvo EX40 variants List Price in India - Variants, Specs & Features

The Volvo EX40 variants List price in India begins at Rs. 50.10 Lakh for the base Plus variant, (Ex-showroom, Delhi).

EMI is an estimate — 9% p.a. · 5 yrs · 10% down, on ex-showroom price.
N/AElectric
₹50.10 Lakh
ex-showroom
Lowest price
~₹93,600/mo
Price breakup
Compare variants
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EX40 · Buyer's guide

Which EX40 Variant Should You Buy?

Expert picks for different kinds of buyer. Tap one to see why it's the right call.

Best Value
Plus
₹50.10 Lakh

The Core variant is the only way to access the EX40 platform at the Rs 50.10 Lakh price point. It includes the full suite of 7 airbags, ISOFIX mounts, and the complete ADAS package, including Adaptive Cruise Control and Lane Keeping Aid, which are usually reserved for top-spec trims in cars like the Volvo XC40. You are paying for the high-strength steel chassis and the safety tech that makes this vehicle a fortress. While you lose out on some luxury convenience features, the core mechanical and safety hardware remains identical to the higher tiers. This variant is for the buyer who wants the safety of a Rs 50 Lakh vehicle without paying for vanity features like panoramic sunroofs or premium audio systems. It is the most logical choice because it retains the primary value proposition—the safety suite—at the lowest possible entry point, ensuring you don't overpay for electronics that depreciate faster than the chassis itself.

EX40 Mileage

EX40 mileage claimed by owners is -

PowertrainUser Reported Mileagei
Electric - Automatic -
Loan calculator

Volvo EX40 Calculate EMI

Ex-showroom price₹50,10,000
₹10,00,000
₹5,00,000₹45,00,000
Loan amount: ₹40,10,000
5 years
1 yr7 yrs
60 months
10 %
8%20%
p.a.
Tenure
Figures are indicative. Actual EMI depends on your lender, credit profile, and processing fees.
85,201
EMI for 5 years
₹51.1L
total payable
Principal loan amount
₹40,10,000
Total interest payable
₹11,02,039
Total amount payable
₹51,12,039
Ownership

Ownership & running costs

7.5
Long-termscore
Annual Maintenance
Rs 25,000–35,000 per year due to the high-tech ADAS sensor suite and premium component sourcing.
Service Interval
every 15,000 km or 12 months
Spare Parts
Parts availability is currently limited to major metropolitan hubs due to the niche positioning of the brand. Expect a 7-10 day lead time for non-consumable body panels compared to the immediate availability found with a Toyota Fortuner.
Insurance
High — Rs 1,40,000–1,70,000/year estimate for base variant
Resale Value
The EX40 is expected to see a 45% depreciation after 3 years, trailing behind established luxury rivals like the BMW X1. The lack of a widespread service network significantly impacts long-term residual value in tier-2 cities.
City Driving
The manual transmission requires frequent gear shifts in stop-and-go traffic, though the 7 airbags and 360-degree ADAS monitoring provide immense safety in chaotic urban environments. Its ground clearance is sufficient for Indian speed breakers, but the absence of a spare tyre is a major liability on potholed city roads.
Highway Driving
The petrol engine delivers sustained power for overtaking, and the Pilot Assist feature significantly reduces fatigue on expressways. High-strength steel construction ensures solid highway stability, though NVH levels are higher than a similarly priced Audi Q3.

At a sticker price of Rs 50.10 Lakh, the EX40 enters a segment dominated by the Mercedes-Benz GLA and Volvo XC40. The ownership experience is defined by its industry-leading safety tech, specifically the 7-airbag setup and comprehensive ADAS suite including Collision Mitigation and Blind Spot Information. However, the manual transmission choice is an anomaly in this price bracket, forcing the driver to engage constantly in heavy traffic where an automatic would be standard on a Jeep Meridian or BMW X1. The 475.0 kmpl mileage claim is physically impossible for a petrol engine of this size and should be disregarded as a technical error in the brochure. Maintenance will be expensive because every sensor in the ADAS array requires specialized calibration, which only authorized centers can perform. Insurance premiums are high due to the high cost of replacing the sensor-laden bumpers and windshields. While the high-strength steel body offers top-tier occupant protection, the lack of a spare tyre is a glaring omission for Indian infrastructure. Reliability remains a question mark for the brand in India, and the resale market is likely to be thin compared to the proven reliability of a Lexus UX. Owners should budget for a premium service contract, as out-of-warranty repairs for the Pilot Assist system will be prohibitively expensive. For a buyer prioritizing active safety features like Emergency Brake Assist and Lane Keeping Aid, the EX40 is technically superior to many competitors, but the daily usability is hampered by the manual gearbox and the lack of a spare tyre.

Side-by-side

EX40 comparison with similar cars

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Ex-showroomRs. 60.55 LakhRs. 55.00 LakhRs. 50.91 LakhRs. 34.76 LakhRs. 28.52 LakhLowestRs. 39.99 Lakh
TransmissionN/AN/AN/AAutomatic, ManualManual, AutomaticN/A
Engine1998 cc0 cc1984 cc2694 cc & 2755 cc2755 cc1984 cc
Fuel TypePetrol, DieselElectricPetrolPetrol, Diesel, HybridDieselPetrol
Power
MileageN/AN/AN/A10.3 to 14.6 kmplN/AN/A
Seating CapacityN/AN/AN/A75N/A
NCAP RatingNot TestedNot TestedNot Tested5 Star (ANCAP)3 Star (Euro NCAP)Not Tested
Comparison summary
Best Value
Hilux
Best Mileage
Fortuner
Most Powerful
Safest Choice
Fortuner
Owner verdict

Volvo EX40 Pros and Cons

Likes 5Dislikes 5
Owners are fairly balanced50% of the points raised are positives.
Things we don't like5
  • 1The back seats feel a bit cramped for taller passengers
  • 2Charging speed isn’t as fast as some rivals
  • 3Infotainment system is basic and can feel a little sluggish
  • 4Dealership and service network is still growing
  • 5The ride can feel a bit firm on rough roads
Authorised showrooms

car dealers in

10 dealers nearby
Owner reviews

Volvo EX40 user reviews

4.0OUT OF 5
Based on 5 reviews
52
41
32
20
10

Frequently Asked Questions (FAQs) – EX40

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