Three weeks since it was first unveiled here in Malaysia, Volvo Car Malaysia (VCM) has now officially announced the pricing for its first-ever fully-electric model, the XC40 Recharge Pure Electric, coming in at RM262,459.75 on-the-road, without insurance, and inclusive of all relevant tax exemptions.
As the Volvo XC40 Recharge Pure Electric is locally-assembled here at VCM’s Shah Alam plant, it is exempt from sales tax, road tax, import duties for all imported CKD parts, as well as excise duties until the end of 2025.
The pricing essentially makes the Volvo XC40 Recharge Pure Electric the range-topping variant in the line-up, costing approximately RM20k higher than the T5 Recharge plug-in hybrid variant (RM242,055), and RM32k more than the non-PHEV XC40 T5 (RM230,091).
For that price, which Volvo calls “hassle-free price”, the XC40 Recharge Pure Electric EV will also come with a five-year warranty and free service package, an eight-year battery warranty, five-year roadside assistance package, as well as an included charging cable.
The Volvo XC40 Recharge Pure Electric is now available for order via its new online ordering page, linked here, as part of the company’s pledge to become completely carbon-neutral by 2040.
As a quick recap, the Volvo XC40 Recharge EV is powered by a P8 twin-motor set-up, with a total system output of 408 hp and 660 Nm of torque. Drive is sent to all four wheels (one motor per axle), which propels the compact SUV from 0-100 km/h in just 4.9 seconds – the quickest of all Volvo SUVs on sale.
The motors sip power from a 78 kWh battery pack for a rated range of 418 km from a full charge based on the WLTP test cycle. To charge, the XC40 EV supports AC charging of up to 11 kWh, taking roughly 7.5 hours for a full charge, or DC fast charging at up to 150 kWh which juices the battery from 0-80% SoC in roughly 33 minutes.
In terms of features, the fully-electric Volvo XC40 Recharge’s spec sheet matches closely to its other ICE-powered brethens. The main difference, aside from the powertrain of course, comes in the form of the Google Android Automotive operating system running on the infotainment and digital instrument cluster displays.
The software allows the Volvo XC40 Recharge Pure Electric to be tightly integrated into Google’s services, including an EV-focused Google Maps experience, Google Assistant, as well as a Google Play Store to download other additional apps such as Spotify.
At RM262k, the Volvo XC40 Recharge Pure Electric is priced roughly RM16k cheaper than its chief rival, the fully-imported Mercedes-Benz EQA 250, but just RM7k cheaper than the larger, range-topping Hyundai Ioniq 5 Max with the extended five-year warranty package. Which would you choose?