2026 Volvo XC40 Ultra B4 small luxury SUV

2026 Launch  ·  Australia

Volvo XC40

Small luxury SUV. from $54,990 plus on-roads. 5 years, unlimited km

On Sale NowHybrid
From
$54,990+ORC
Engine
2.0LHEV
Power
145 to 192kW
Fuel
7.4L/100km
Towing
1,500 to 1,800kg
Seats
5

What is it?

The XC40 in its MY26 form is Volvo's small luxury SUV in MHEV and PHEV guise, with the pure-electric model now rebadged as the EX40. Three grades for Australia: Plus B4 FWD MHEV from $54,990, Ultra B5 AWD MHEV from $64,990, and the Recharge Ultra T5 PHEV from $69,990, all plus on-roads.

The lineup runs from Plus B4 at $54,990 plus on-roads, through to Recharge Ultra T5 at $69,990 plus on-roads. Warranty cover sits at 5 years, unlimited km.

Interior and Technology

Google built-in infotainment is the usability benchmark in the small luxury SUV segment, and the Recharge T5 PHEV delivers 81 km WLTP EV range from a single charge.

5-year warranty trails the 7-year Korean luxury rivals, and Recharge T5 braked towing is capped at 1,500 kg.

Should you buy the XC40?

Reasons to buy

  • Google built-in infotainment is the usability benchmark in the small luxury SUV segment, and the Recharge T5 PHEV delivers 81 km WLTP EV range from a single charge.
  • Warranty: 5 years, unlimited km.
  • 5-star ANCAP (2018), full driver-assist suite.
  • 452 L boot, segment-competitive cargo space.
  • Braked towing rated at 1,800 kg.

Reasons to wait

  • 5-year warranty trails the 7-year Korean luxury rivals, and Recharge T5 braked towing is capped at 1,500 kg.
  • You want a pure-electric XC40 (now rebadged EX40), a 7-year warranty (Lexus LBX), or a roomier rear seat (BMW X1, Mercedes-Benz GLA).
  • Pure-electric buyers must now shop the rebadged EX40 separately. Rear-seat headroom is tighter than X1 or GLA for taller adults, so test fit before committing.
  • Top trim climbs to $69,990 plus on-roads.
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Families
452 L boot, full safety suite
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City drivers
Tidy footprint, easy parking
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Premium
Cabin quality up top
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Hybrid buyers
7.4 L/100 km combined claim

CarTell.tv review of the Volvo XC40 is coming. Subscribe on YouTube and you will be first to see it.

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The CarTell take

We have not driven this yet. On paper, here is how it stacks up.

Strongest suit on paper
Google built-in infotainment is the usability benchmark in the small luxury SUV segment, and the Recharge T5 PHEV delivers 81 km WLTP EV range from a single charge.
The trade-off
5-year warranty trails the 7-year Korean luxury rivals, and Recharge T5 braked towing is capped at 1,500 kg.
Check before you buy
Pure-electric buyers must now shop the rebadged EX40 separately. Rear-seat headroom is tighter than X1 or GLA for taller adults, so test fit before committing.
Best suited to
Urban families and PHEV daily drivers who want Scandinavian cabin design with Google built-in infotainment. The Plus B4 is the sensible entry; the Recharge T5 is the one to chase if you can charge at home.

The Rivals

Small luxury SUV  ·  Australia  ·  2026
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We have not reviewed the Volvo XC40 yet.

We are working on getting a Volvo XC40 test unit. Subscribe and you will catch it when we do.

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Common questions
How much is the 2026 Volvo XC40 in Australia?

Pricing opens at $54,990 plus on-roads for the Plus B4 FWD MHEV, $64,990 for the Ultra B5 AWD MHEV, and $69,990 for the Recharge Ultra T5 PHEV.

Is the Volvo XC40 still available as an EV?

No, the pure-electric XC40 has been rebadged as the EX40 and sits on a separate model page in the Volvo Australia line-up.

How far can the XC40 Recharge T5 drive on electricity?

81 km of WLTP EV-only range from the plug-in hybrid system, longest in the small luxury SUV class.

How much can the Volvo XC40 tow?

1,800 kg braked on the B5 mild-hybrid AWD and 1,500 kg braked on the Recharge T5 PHEV.