The 2025-2026 Volvo EX40 is a compact luxury SUV that offers a fully electric powertrain, combining Volvo's reputation for safety with modern design and technology. With a base MSRP of CA$54,950, it provides a competitive entry point into the luxury EV market.

Buyer verdict
The Volvo EX40 is a strong contender for those seeking a luxury compact SUV with an electric powertrain. Its pricing and features make it appealing for buyers prioritizing sustainability without compromising on comfort and safety.
$57,365 before tax
Dual Electric Motors
Electric
IIHS / NHTSA
Everything we track for the Volvo EX40 in Canada.
Momentum
Worth itThe Momentum trim offers a well-rounded package with essential features for comfort and technology, making it a sensible choice for most buyers without significantly increasing the cost.
Inscription
Probably skipWhile the Inscription trim adds luxury touches, the price increase may not justify the additional features for buyers focused on value.
R-Design
Worth itThe R-Design trim enhances the driving experience with sportier aesthetics and performance tweaks, appealing to those who prioritize a dynamic driving experience.