Most Affordable Luxury EV for India

Volvo EX40 Electric SUV Review 2026: Most Affordable Luxury EV for India

The 2026 Volvo EX40 is shaping up as one of the most compelling luxury electric SUVs under ₹60 lakh in India. With a strong estimated range of up to 475 km, premium Scandinavian design, a feature-rich cabin, and advanced safety technology, the EX40 blends everyday usability with Volvo’s hallmark comfort and safety credentials. This review dives deep into its specifications, features, performance, and real-world value proposition for Indian luxury EV buyers.

Introduction – Why the EX40 Matters

Volvo EX40 Side Angle

As electric vehicles (EVs) transition from niche to mainstream in India, the Volvo EX40 stands out as a sensible yet premium choice for buyers seeking a balance of range, luxury, and price. Positioned below larger EVs like the EX90 and above Volvo’s sub-compact models, the EX40 is designed to appeal to those who want true luxury without the ultra-premium price tag.

Design & Exterior – Scandinavian Elegance

The Volvo EX40 carries a sleek, minimalist design language that reflects modern Scandinavian aesthetics. It features:

  • Closed-off EV grille for aerodynamic efficiency
  • Pixel LED headlights with Volvo’s signature “Thor’s Hammer” design
  • Bold proportions and clean surfaces that balance elegance with athletic poise

The look is refined rather than flashy, signaling both luxury and efficiency-a philosophy Volvo has refined over decades.

Electric Powertrain & Performance

The EX40 is a fully electric SUV available in multiple powertrain options globally, with configurations that may include:

Single-Motor Extended Range

  • Power: ~238 hp (175 kW)
  • Torque: ~420 Nm
  • Range: Up to ~475 km (WLTP estimate)
  • 0-100 km/h: ~7.3 sec
  • Top Speed: ~180 km/h
  • Battery: ~69 kWh
  • Charging: 10-80 % in ~34 min on DC fast charger

Dual-Motor / Twin-Motor Options (Global markets)

Higher-performance trims offer AWD and more power, though Indian specifications may differ depending on launches and homologation decisions.

Why This Matters:

A ~475 km range positions the EX40 well for typical urban use and longer highway journeys without frequent charging-addressing a key concern for EV adoption in India.

Interior & Comfort – Premium Yet Functional

Volvo EX40 Interior

Inside, Volvo continues its tradition of understated luxury with a focus on comfort and quality materials:

  • 12.3-inch digital driver display
  • Google-built infotainment with Google Maps, Assistant & Play
  • Premium upholstery and minimalist design
  • Dual-zone climate control and advanced air purification system
  • Ample cabin space for five passengers

Volvo’s cabin philosophy eschews excess in favor of calm luxury-materials and surfaces feel premium without unnecessary clutter.

Technology & Connectivity – Smart, Intuitive, Integrated

The EX40 integrates modern connectivity with practicality:

  • Google built-in infotainment for seamless navigation, media, and apps
  • Over-the-air (OTA) updates for continuous improvements
  • Volvo Cars app for remote monitoring and control
  • Real-time charging station finder, remote climate prep, and battery status checks

This tech stack enhances everyday usability and reduces friction in ownership, especially in urban use.

Safety & Driver Assistance – Volvo’s Core Promise

Volvo EX40 Back Side Angle

Safety has always been at the heart of Volvo’s design. The EX40 includes:

  • Pilot Assist for adaptive cruise and lane centering
  • 360° parking view with cameras and ultrasonic sensors
  • Collision avoidance systems for vehicles, cyclists, and pedestrians
  • Blind spot information system and lane-keeping aids
  • Robust passenger protection cage around the battery

These systems make the EX40 not just luxurious but also one of the safer EV choices in its class.

Range, Efficiency & Charging – Real-World Usability

One of the EX40’s strongest argument is its range and efficiency:

Variant

Estimated Range* (WLTP) Charging (10-80 %) Acceleration

Single Motor Extended

~475 km ~34 min (DC)

~7.3 sec

AWD / Twin Motor Varies Varies

Faster

*Range estimates based on WLTP; real-world figures may vary with driving style and conditions.

A single-motor EX40 delivers confidence-inspiring range without the complexity or cost of dual-motor systems for many buyers.

Price & Value – Affordable Luxury EV

The EX40 has been reported to debut in India around ₹49 lakh (ex-showroom), positioning it attractively against both premium EVs and luxury ICE SUVs in the ₹45-60 lakh bracket.

At this price point, the EX40 offers:

  • Electric range that rivals many competitors
  • Premium cabin features
  • Advanced tech and safety suite
  • Low running cost due to EV drive nature

This balance of value and luxury helps justify its positioning for buyers seeking a premium EV without ultra-premium pricing.

Pros & Cons – What You Should Know

✅ Pros

  • Strong real-world electric range (~475 km)
  • Premium, tech-rich cabin with Google integration
  • Robust safety and driver-assistance suites
  • Competitive EV pricing in the luxury segment
  • OTA updates and connected features for future-proofing

❌ Cons

  • Real range may vary based on weather and use case
  • Cargo space is good but not class-leading
  • AWD/Twin-Motor variants likely pricier and potentially beyond ₹1 crore (subject to official India specs)

Conclusion – A Sensible Choice Among Luxury EVs

The 2026 Volvo EX40 stands out as one of the most affordable yet feature-rich luxury electric SUVs for India. Its blend of range, safety, premium design, and smart tech makes it an exciting choice for buyers transitioning from ICE luxury SUVs or looking for a premium EV that feels “complete” without over-paying.

Volvo EX40 Side front Angle

Whether you value long range, everyday comfort, or robust safety features, the EX40 delivers in a package that’s both premium and practical-making it a strong contender in India’s luxury EV landscape.

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