Fleet World Fleet: Volvo EX40
Luke Wikner reports back on our Volvo EX40 long termer.
Report 3:
Volvo EX40 Single Motor
P11D: £52,555 BiK: 2% | £18 (20%) /£36 (40%) Range: 294 miles On fleet range: 296 miles Efficiency: 3.7mpkWh
Report 2:
Volvo EX30 Single Motor Extended Range RWD Plus
P11D: £38,545 BiK: 2% Range: 296 miles On fleet range: 310 miles Efficency: 4.8mpkwh
Our Volvo EX40 long-termer has temporarily diversified, downsized and added a punchy splash of colour to make up for the lack of sunshine in the sky recently. And it has made me realise why the EX30 is Fleet World’s Best EV Small SUV of 2024. For starters – and irrespective of the arresting Moss Yellow hue making it easy to find in any car park – it’s a very nicely designed car, signalling Volvo’s cleaner design language also evident in the EX90. It’s also incredibly easy to drive, with a light touch, a ride quality the envy of many rivals, and seats that are just right.
That said, I have been spoiled of late behind the wheel of the XC40 (now known as EX40 for MY 2025 onwards, so we’ll will call it that here) whose electrically adjustable front seats are about as good as it gets for any type of journey. So it’s a testament to the EX30 that I didn’t feel too out of pocket.
And speaking of pockets, those of EX30 drivers won’t have to be quite as deep as future EX40 drivers’ – to the tune of over £10k – so inevitably, there needs to be some price-point differentiation to justify opting for the bigger Volvo brother. For sure, the EX40 feels more substantial, as its 2,480kg kerb weight would suggest, but this also affects the efficiency of the similarly sized battery. For example, driving the EX30 with its useable 64kwh battery, it would be returning around 310-320 miles of range, whereas the EX40 is more like 280-290 miles, and some of this can be attributed to carrying an extra 250kg around.
The EX40 single motor model, by comparison, offers 0-62mph of 7.3 seconds, which is plenty for daily use, but obviously doesn’t quite deliver the punchy acceleration of its smaller sibling. Also, the EX30’s cabin, despite having a beautifully simplistic design, can’t quite match the premium feel of the EX40, which again is understandable given the price points.
The large touchscreen in the EX30 has been contentious in some quarters, and there is an argument to have your speed visible in your eyeline, rather than the top right of the central screen, but living with the car for a few days, you get used to this. You also get used to everything running off the screen – heating controls etc – and marvel at Volvo’s driver understanding system noticing when you’re slightly tired or yawning at the wheel.
In handing the yellow Volvo back, I felt nothing but admiration for the new car – entirely worthy of its award win – but also a new-found respect for our XC40/EX40, proving that most of the time in life, you gets what you pays for.
First report:
While our new long-term EX40 may be familiar to some fleet drivers, its name might not be.
The Recharge name has now disappeared from Volvo’s price lists and though the XC40 name remains for ICE models, the XC40 and C40 Recharge have rebranded as the EX40 and EC40.
This brings the model nomenclature in line with its brilliant new younger brother, the EX30 (and new EX90), which has stolen a lot of the limelight lately – more on that comparison next time.
For now, our Ex40 Single Motor is essentially the same as the new EX30, but with a different badge at the back. That means it offers an achievable 294 miles of range and it’s incredibly comfortable too, with a heated steering wheel, excellent front seats in a wool blend fabric (£825), and a reliable Google Maps sat-nav system.
Silver-grey appears to be the predominant colour of choice for our long-term fleet at present, and our brand-new Volvo – specified by us in ‘Silver Dawn’ – carries on the trend. It’s a very attractive ‘technical’ colour that shows off the EX40’s chunky lines nicely, and feels worth the extra £595 on top of the £52,555 list price.
Six years on from the XC40’s launch (in ICE form), the styling has aged very well, and the addition of the new grille for the Recharge BEV variants, is a subtle but well-conceived differentiator.
Luke Wikner