What does the 2026 Volvo EX40 cost per mile?
Power cost a mile
5.4cents
- 2025 IRS rate: 70 cents a mile.
- Margin: 64.6 cents a mile.
- $6,461 per 10,000 miles.
- 2026 Volvo EX40 Plus RWD: 31.7 kWh/100 mi.
- Median of 137 gas and hybrid SUVs (2026): 13.9 cents a mile.
Gas $3.20. Power 17 cents per kWh. 2025 IRS rate 70 cents.
| Trim | Rating | Cost a mile | Margin a mile | Per 10,000 mi |
|---|---|---|---|---|
| Plus RWD | 31.7 kWh/100 mi | 5.4 cents | 64.6 cents | $6,461 |
| Single Motor Extended Range RWD Plus | 31.7 kWh/100 mi | 5.4 cents | 64.6 cents | $6,461 |
| Twin Motor AWD Plus | 36 kWh/100 mi | 6.1 cents | 63.9 cents | $6,388 |
| Twin Plus AWD | 36 kWh/100 mi | 6.1 cents | 63.9 cents | $6,388 |
| Twin Motor AWD Ultra Black Edition | 36 kWh/100 mi | 6.1 cents | 63.9 cents | $6,388 |
| Twin Ultra Black Edition eAWD | 36 kWh/100 mi | 6.1 cents | 63.9 cents | $6,388 |
| Ultra Black Edition AWD | 36 kWh/100 mi | 6.1 cents | 63.9 cents | $6,388 |
| Plus AWD | 36 kWh/100 mi | 6.1 cents | 63.9 cents | $6,388 |
What this cannot tell you
Fuel only. Insurance, repairs and value loss not counted.
The IRS rate covers every cost, not fuel alone.
- 2 or more sources
- 1 source
- Model-level, rule or estimate
- Sources disagree