2023 Volvo XC40: What's New, Specs & Features

Last updated August 4, 2026

2023 Volvo XC40

The most important change to the 2023 Volvo XC40 is its refreshed front end, with revised headlights, grille, and bumper. This mid-cycle update also brings mild-hybrid gas engines, reorganized equipment levels, and standard Google-based infotainment.

Shop 13 in stock at Carvana

About the 2023 Volvo XC40

1st generation (introduced for 2019), mid-cycle refresh year

Volvo positions the XC40 as a compact premium SUV built for daily city life. Its upright, boxy shape provides useful passenger and cargo space without making it difficult to park, while elevated seating and SUV ground clearance support year-round use. Distinctive Scandinavian design, thoughtfully arranged storage, straightforward technology, and a broad set of collision-avoidance features separate it from small luxury crossovers focused mainly on sporty handling.

The 2023 gas XC40 lineup has three equipment tiers, with Bright and Dark appearance themes offered on higher-level versions. The 194-hp B4 models have front-wheel drive, while the stronger 247-hp B5 models use all-wheel drive. Plus versions emphasize features such as a panoramic roof and parking sensors, while the top tier adds premium audio, a 360-degree camera, and adaptive cruise control with steering assistance.

What changed, by category

Powertrain
The previous T4 and T5 gas lineup was replaced by 48-volt mild-hybrid powertrains. B4 models have a 194-hp turbocharged four-cylinder engine and front-wheel drive, while B5 models have a 247-hp version and all-wheel drive.
Styling
Volvo revised the headlights, grille, and front bumper. The lineup also moved to a three-tier equipment structure, with Bright and Dark appearance themes on higher-level versions.
Tech
Google-based touchscreen infotainment became standard throughout the gas-powered XC40 range, bringing built-in navigation and over-the-air software updates.

2023 Volvo XC40 specs and features by trim

Feature
2023 Volvo XC40B4 Core1 in stock
2023 Volvo XC40B5 Core0 in stock
2023 Volvo XC40B4 Plus Dark Theme0 in stock
2023 Volvo XC40B5 Plus Dark Theme2 in stock
2023 Volvo XC40B4 Plus Bright Theme0 in stock
2023 Volvo XC40B5 Plus Bright Theme3 in stock
2023 Volvo XC40B4 Ultimate Dark Theme2 in stock
2023 Volvo XC40B5 Ultimate Dark Theme5 in stock
2023 Volvo XC40B4 Ultimate Bright Theme0 in stock
2023 Volvo XC40B5 Ultimate Bright Theme0 in stock
Engine4-Cyl, Turbo, 2.0 Liter4-Cyl, Turbo, 2.0 Liter4-Cyl, Turbo, 2.0 Liter4-Cyl, Turbo, 2.0 Liter4-Cyl, Turbo, 2.0 Liter4-Cyl, Turbo, 2.0 Liter4-Cyl, Turbo, 2.0 Liter4-Cyl, Turbo, 2.0 Liter4-Cyl, Turbo, 2.0 Liter4-Cyl, Turbo, 2.0 Liter
TransmissionAutomatic, 8-Spd Geartronic w/Adaptive ShiftAutomatic, 8-Spd Geartronic w/Adaptive ShiftAutomatic, 8-Spd Geartronic w/Adaptive ShiftAutomatic, 8-Spd Geartronic w/Adaptive ShiftAutomatic, 8-Spd Geartronic w/Adaptive ShiftAutomatic, 8-Spd Geartronic w/Adaptive ShiftAutomatic, 8-Spd Geartronic w/Adaptive ShiftAutomatic, 8-Spd Geartronic w/Adaptive ShiftAutomatic, 8-Spd Geartronic w/Adaptive ShiftAutomatic, 8-Spd Geartronic w/Adaptive Shift
DrivetrainFWDAWDFWDAWDFWDAWDFWDAWDFWDAWD
Fuel TypeGasGasGasGasGasGasGasGasGasGas
MPG City24 mpg22 mpg24 mpg22 mpg24 mpg22 mpg24 mpg22 mpg24 mpg22 mpg
MPG Highway32 mpg30 mpg32 mpg30 mpg32 mpg30 mpg32 mpg30 mpg32 mpg30 mpg
Horsepower194 hp247 hp194 hp247 hp194 hp247 hp194 hp247 hp194 hp247 hp
Torque221 lb-ft258 lb-ft221 lb-ft258 lb-ft221 lb-ft258 lb-ft221 lb-ft258 lb-ft221 lb-ft258 lb-ft
Max Towing4409 lb4630 lb4409 lb4630 lb4409 lb4630 lb4409 lb4630 lb4409 lb4630 lb
Trunk/Cargo57.5 cu-ft57.5 cu-ft57.5 cu-ft57.5 cu-ft57.5 cu-ft57.5 cu-ft57.5 cu-ft57.5 cu-ft57.5 cu-ft57.5 cu-ft
Rear Legroom36.1 in36.1 in36.1 in36.1 in36.1 in36.1 in36.1 in36.1 in36.1 in36.1 in
Seats5555555555
Doors4444444444
Adaptive Cruise Control
Adaptive Headlights
Alarm System
Automatic Emergency Braking
Automatic High Beams
Lane Departure Warning
Park Assist
Rear View Camera
360 Camera
Alloy Wheels
Fog Lights
LED Headlights
Panorama Moon Roof
Rear Spoiler
Roof Rails
Navigation System
Premium Audio
Smartphone Interface
Subwoofer
Dual Power Front Seats
Dual-Zone Climate Control
Heated Front Seats
Heated Steering Wheel
Integrated Garage Door Opener
Leather Seats
Power Driver Seat
Push-Button Engine Start
Remote Keyless Entry

How the 2024 Volvo XC40 compares

The biggest change for the 2024 Volvo XC40 is the end of the lower-powered B4 front-wheel-drive model. Every gasoline XC40 now has the 247-hp B5 mild-hybrid engine, an eight-speed automatic transmission, and AWD.

Frequently asked questions

What is the biggest change to the 2023 Volvo XC40?

The biggest change is the refreshed front end, including revised headlights, grille, and front bumper. The wider update also brings mild-hybrid gas engines, reorganized equipment levels, and standard Google-based infotainment.

Is the 2023 Volvo XC40 a mild hybrid?

Yes. Every gas-powered 2023 XC40 uses a 48-volt mild-hybrid system. The B4 has 194 horsepower and front-wheel drive, while the B5 has 247 horsepower and all-wheel drive.

What is the difference between the 2023 XC40 B4 and B5?

The B4 has a 194-hp engine and front-wheel drive, while the B5 has a stronger 247-hp engine and all-wheel drive. Both use a turbocharged 2.0-liter four-cylinder engine, a 48-volt mild-hybrid system, and an eight-speed automatic transmission.

How did the 2023 Volvo XC40 trim lineup change?

The 2023 gas XC40 moved from the former Momentum, R-Design, and Inscription lineup to three equipment tiers. Core is the entry level, Plus adds comfort and parking features, and the top tier adds items such as premium audio, a 360-degree camera, and adaptive cruise control with steering assistance.

Does the 2023 Volvo XC40 have Google-based infotainment?

Yes. Google-based touchscreen infotainment is standard across the 2023 gas XC40 range, with built-in navigation, over-the-air software updates, and Apple CarPlay.

2023 Volvo XC40 Reviews

What owners are saying about the 2023 Volvo XC40.

4.2
2023 Volvo XC40
(839 reviews)
5 stars (379)
4 stars (311)
3 stars (102)
2 stars (36)
1 star (11)

About owner reviews

Carvana owner reviews are provided in partnership with Strategic Vision, one of the largest automotive consumer research providers in the U.S. Star ratings are from ranking surveys completed by owners one to six months post-purchase. Comments from owners are optional, but included here when available.

“Good overall electric vehicle. Good quality and interior design. Good winter driving capability”

RBRichard B.
2023 Volvo XC40 Recharge AWD

“Wonderful car. Not intuitive on the dashboard controls. Battery power estimate for mileage varies on travel speed.”

DMDavid M.
2023 Volvo XC40 Recharge AWD
No rating

“Be prepared for a lifestyle change when driving an EV. You'll need to get used to allowing for extra time on longer trips for charging. But it's worth it for the environmental impact and fun driving experience.”

SRShawna R.
2023 Volvo XC40 Recharge AWD