EX40

The $69,990 and $74,990 figures are Volvo's national list prices including GST, not driveaway prices. Registration, CTP, stamp duty and delivery are added on top and vary by state, so the driveaway figure lands several thousand dollars higher depending on where you register it. Volvo's own site quotes driveaway pricing separately through its calculator once you enter a postcode. Both variants had their list prices cut by $7,000 for new orders from 1 April 2026, with no change to specification.

Volvo claims up to 520 km of WLTP range for the Single Motor Extended Range and up to 485 km for the Twin Motor. Both draw from the same 82 kWh battery. As with every EV, real-world range depends on speed, temperature and load, and sustained highway driving will sit below the claim. Both versions accept a claimed 10 to 80 per cent DC charge in 28 minutes on a suitably powerful charger, and AC charging runs at up to 11 kW, with a full AC charge taking around 8 hours on three-phase power.

The EX40 carries no current ANCAP rating, so we list it as unrated rather than borrowing an old or overseas result. The equipment list runs deep on both variants: autonomous emergency braking, lane keep assist, blind-spot monitoring, rear cross-traffic alert, adaptive cruise control and a 360-degree camera are all standard. If a current independent crash rating is a hard requirement, the gap against five-star-badged rivals is worth weighing before you sign.

Because both are the same Ultra specification, the decision is purely mechanical, weighed at the list prices set in April 2026. The Single Motor Extended Range offers the longer claimed WLTP range at 520 km, a 7.3-second 0 to 100 km/h claim and 1,500 kg of braked towing for $69,990 list. The Twin Motor's extra $5,000 buys 300 kW, 670 Nm, all-wheel drive, a claimed 4.8-second sprint and 1,800 kg of towing, while claimed range drops to 485 km. Unless you want the pace or tow near the limit, the single motor is the rational pick.

Volvo Australia covers the EX40 with a five-year, unlimited-kilometre new car warranty and five years of roadside assistance. The high-voltage battery carries its own cover of eight years or 160,000 km, whichever comes first, which is the figure worth comparing between EVs since the battery is the expensive part. Get the servicing terms and any included-service offer in writing from your Volvo retailer before you talk price, because those offers change over time and the warranty is only half the ownership story.