Volvo has confirmed the EX40 discontinued. Volvo told Car and Driver the 2026 model was the last one. Two years under the EX40 name. That is all it got.
The timing says a lot. Volvo just gave the petrol-powered XC40 a fresh update for the 2028 model year — at the same time it pulled the plug on the Volvo EX40 discontinued model.
EX40 Was XC40 Recharge Before It Was EX40
Under the Volvo EX40 name — just 2025 and 2026. Before that it was the XC40 Recharge. Same car, different badge, sold from 2021 through 2024. Volvo rebranded it EX40 for 2025 and discontinued it a year later.
Dual motor — all-wheel drive, 402 horsepower. Single motor — rear-wheel drive, 248 horsepower. Underneath both, the same platform and body as the petrol XC40.
The EX40 was never a bad car. Interior quality was genuinely good — proper Scandinavian materials, solid build, well put together inside. Dual motor versions were quick and enjoyable. Reviewers who spent time with it came away positive. The problem was never the product.
XC40 Gets Updated, EX40 Gets Dropped
Look at the two side by side — XC40 and Volvo EX40. Nearly the same car. Same body. Same interior. Same platform. Yet the petrol version outsold the electric one every single year without exception.
Volvo has now updated the XC40 for 2028. New front end. Bigger infotainment screen. Matrix LED headlights added. Front-wheel drive dropped from the lineup. The refreshed XC40 goes on sale as a 2028 model while the Volvo EX40 discontinued quietly alongside it.
That decision tells you where Volvo sees demand right now. The XC40 has a buyer base. The EX40 did not grow one fast enough.
Compact electric luxury SUVs at this price point have struggled across the whole industry — not just at Volvo. Buyers in the United States have been slower than expected to move from petrol to electric in this segment. The EX40 felt that directly. Every year the XC40 pulled further ahead in sales figures. Volvo read those numbers and made the call.
Pricing Was Always a Problem for Volvo EX40
The Volvo EX40 started at around $55,000 in the United States. That put it up against some strong competition — Korean electric SUVs from Hyundai and Kia offering similar or more range at lower prices, and American options from Tesla doing the same.
Volvo’s Swedish premium positioning worked well for the XC40 at its price point. For the EX40, competing against purpose-built EV rivals with better range figures and lower starting prices, it was a harder sell. Buyers cross-shopping the EX40 against a Hyundai Ioniq 5 or a Tesla Model Y had to make a case for the Volvo that was not always easy to make on paper.
That is the context behind the Volvo EX40 discontinued decision. It was not just about sales volume — it was about where the EV market in this segment was heading and whether the EX40 had the right positioning to compete in it long term.
EX50 Coming in 2027 to Replace Volvo EX40
Volvo is not walking away from electric compact SUVs. A replacement for the Volvo EX40 discontinued model is already confirmed. It is called the EX50.
Fall 2027 is when the EX50 arrives. It will be sold as a 2028 model year vehicle. Bigger than the EX40 — slightly longer, slightly taller. New SPA3 platform under it instead of the older architecture the EX40 shared with the XC40.
Target starting price — around $40,000. That is considerably cheaper than the EX40 was at launch and puts the EX50 in a far more competitive position against rival electric compact SUVs.
If Volvo hits that $40,000 target, the EX50 addresses the single biggest weakness the Volvo EX40 had in the market. Lower price, newer platform, slightly more space. On paper it looks like a stronger proposition than the car it replaces.
A Good Car That Ran Out of Road
The Volvo EX40 discontinued story is not about a failed product. It drove well. It looked good. It had one of the better interiors in its class. Dual motor variants were genuinely fast and fun.
The market moved faster than the EX40 could keep up with. Purpose-built EV platforms, longer range figures, and lower prices from rivals made the EX40’s position harder every year. Volvo made the decision to stop rather than invest in a mid-cycle update for a model that was already losing ground.
The 2026 Volvo EX40 is the last one. The EX50 is next — and if the pricing holds, it could be the electric compact Volvo that actually finds its audience.
Frequently Asked Questions About Volvo EX40 Discontinued
Why is the Volvo EX40 discontinued?
XC40 outsold it every single year. Petrol won. Volvo pulled the Volvo EX40 discontinued after 2026 — last model year in the US.
What replaces the Volvo EX40 discontinued model?
Volvo EX50. Fall 2027. Sold as 2028 model year. Bigger than the EX40, cheaper than the EX40, new SPA3 platform under it.
How long was the Volvo EX40 sold?
EX40 name — 2025 and 2026 only. Four more years before that as XC40 Recharge. 2021, 2022, 2023, 2024 — all XC40 Recharge. Same car throughout.
How much did the Volvo EX40 cost?
Around $55,000 to start in the US. Dual motor all-wheel drive versions cost more. That pricing made it a tough sell against cheaper EV rivals.
How much power did the Volvo EX40 have?
Two options. Single motor, rear-wheel drive, 248 horsepower. Or dual motor, all-wheel drive, 402 horsepower.
Is the Volvo EX40 discontinued everywhere?
US market confirmed. 2026 was the final year there. Other markets — Volvo has not made an official statement yet.
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