2024 Volvo XC40: What's New, Specs & Features

Last updated August 4, 2026

2024 Volvo XC40

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.

Shop 13 in stock at Carvana

About the 2024 Volvo XC40

1st generation (2019-present), second model year after the 2023 exterior and lighting refresh

Volvo positions the XC40 as a compact premium SUV built for city driving without giving up the upright seating position, cargo flexibility, and ground clearance associated with a larger SUV. Its identity centers on distinctive Scandinavian design, practical interior storage, strong standard safety technology, and a small footprint that is easy to place in traffic and parking spaces. The B5 mild-hybrid system adds responsive everyday performance with standard AWD for varied weather.

The 2024 XC40 lineup starts with the well-equipped Core, which has heated front seats, Apple CarPlay, wireless phone charging, and keyless entry. Plus focuses on comfort and easier parking with a panoramic roof, 360-degree camera, and cabin air purifier, while the top equipment level adds highway driving assistance and advanced headlights for better nighttime visibility.

What changed, by category

Powertrain
The lower-output B4 front-wheel-drive version was dropped. The 247-hp B5 turbocharged 2.0-liter mild-hybrid engine, eight-speed automatic, and AWD became standard across the gasoline XC40 lineup.
Tech
Core gained wireless phone charging and keyless entry. Plus gained a standard 360-degree camera and cabin air purifier, while the top equipment level gained Pixel Technology headlights with cornering lights.
Safety
The top equipment level gained power rear-door child locks.

2024 Volvo XC40 specs and features by trim

Feature
2024 Volvo XC40B5 Plus DarkTheme5 in stock
2024 Volvo XC40B5 Core Dark Theme1 in stock
2024 Volvo XC40B5 Core Bright Theme4 in stock
2024 Volvo XC40B5 Plus Bright Theme3 in stock
2024 Volvo XC40B5 Ultimate Dark Theme1 in stock
2024 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 Liter
TransmissionAutomatic, 8-Spd GeartronicAutomatic, 8-Spd GeartronicAutomatic, 8-Spd GeartronicAutomatic, 8-Spd GeartronicAutomatic, 8-Spd GeartronicAutomatic, 8-Spd Geartronic
DrivetrainAWDAWDAWDAWDAWDAWD
Fuel TypeGasGasGasGasGasGas
MPG City24 mpg24 mpg24 mpg24 mpg24 mpg24 mpg
MPG Highway30 mpg30 mpg30 mpg30 mpg30 mpg30 mpg
Horsepower247 hp247 hp247 hp247 hp247 hp247 hp
Torque258 lb-ft258 lb-ft258 lb-ft258 lb-ft258 lb-ft258 lb-ft
Max Towing3500 lb3500 lb3500 lb3500 lb3500 lb3500 lb
Trunk/Cargo57.5 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 in
Seats555555
Doors444444
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

How the 2025 Volvo XC40 compares

The biggest 2025 change is that the fully electric XC40 Recharge moves to the separate EX40 name, leaving the XC40 as a mild-hybrid SUV. Beyond that, this is a light trim and equipment update rather than a redesign.

Frequently asked questions

What is the biggest change to the 2024 Volvo XC40?

The biggest change is that the B5 mild-hybrid powertrain and AWD are standard across the gasoline XC40 lineup. The lower-powered B4 front-wheel-drive version was dropped for 2024.

Does every 2024 Volvo XC40 have AWD?

Yes. Every gasoline 2024 Volvo XC40 uses AWD with a 247-hp turbocharged 2.0-liter mild-hybrid engine and an eight-speed automatic transmission.

What did the 2024 Volvo XC40 Core gain?

The 2024 XC40 Core gained standard wireless phone charging and keyless entry. It also uses the B5 mild-hybrid powertrain and AWD fitted across the full gasoline lineup.

What changed on the upper 2024 Volvo XC40 equipment levels?

The Plus gained a standard 360-degree camera and cabin air purifier. The top equipment level gained Pixel Technology headlights, cornering lights, and power rear-door child locks.

Was the 2024 Volvo XC40 redesigned?

No. The 2024 XC40 was not redesigned and received no major body, front-end, chassis, or structural changes. Its updates center on the standard B5 AWD powertrain and added trim equipment.

2024 Volvo XC40 Reviews

What owners are saying about the 2024 Volvo XC40.

4.0
2024 Volvo XC40
(321 reviews)
5 stars (113)
4 stars (131)
3 stars (58)
2 stars (17)
1 star (2)

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.

“Other EVs we looked at had cheap, hollow interiors with huge ugly touchscreens. The Volvo XC40 Recharge interior is thoughtful, comfortable, quiet, and it's a delight to drive. Charging is fast, great range for daily driving.”

LMLaura M.
2024 Volvo XC40 Recharge AWD

“Volvo is the best car I have owned in my entire life and I have owned many different cars over the years.”

MAMary A.
2024 Volvo XC40 B5 AWD

“This vehicle is unreliable. There have been serious mechanical issues that have required multi-day service. The google based information system is horrible and has had many crashes that inactivate components of the dash controls including the gps.”

KJKenneth J.
2024 Volvo XC40 B5 AWD