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Volvo XC40 vs Toyota RAV4 Plug-in Hybrid

2023 Volvo XC40
2023 Volvo XC40
$36,350MSRP
Overview
Overview
OverviewShop Now
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2026 Toyota RAV4 Plug-in Hybrid
Not Available
Overview
Overview
OverviewShop Now
2023 Volvo XC40
$36,350MSRP
Overview
Overview
OverviewShop Now
2026 Toyota RAV4 Plug-in Hybrid
Not Available
Overview
Overview
OverviewShop Now

Overview

Years produced

2019-Present

Years produced

2025-Present

MSRP

$36,350

MSRP

Listings

181

Listings

15

Ratings & Reviews

User Reviews
User Reviews

Expert reviews

7.5 out of 10

Expert reviews

7.0 out of 10

Pros

  • Stylish design

  • Multiple powertrain options

  • Comfortable

Cons

  • Not much cargo space

  • Recharge model is expensive

Pros

  • New sporty GR Sport grade

  • More electric range

  • Powerful

Cons

  • PHEV charge port inconsistencies

  • Over-the-top GR Sport accents

  • Price

Reviews Summary

In Volvo speak, “40” denotes an entry-level model. While the Swedish automaker no longer rosters the S40 sedan or V40 wagon in the United States, the XC40 subcompact crossover remains to compete with the likes of the Audi Q3, BMW X1, Lexus UX, and Mercedes-Benz GLA-Class for aspiring luxury-car owners’ dollars.

The XC40 was unveiled in 2017, arriving in the U.S. as a 2019 model, and hasn’t undergone a redesign since. An all-electric Volvo XC40 Recharge variant joined the lineup as a 2021 model. Volvo’s other current EV, the C40 Recharge, is also broadly similar to the XC40 models, but with a coupe-like body style.

For 2023, Volvo gave the XC40 several notable updates, including new mild-hybrid powertrains, revised styling, and the Android-based infotainment system previously seen on the XC40 Recharge and other Volvo models.

The mild-hybrid lineup includes base Core, mid-level Plus, and top Ultimate trim levels, with B4 front-wheel drive (FWD) and B5 all-wheel drive (AWD) drivetrains. This Volvo XC40 review is based on the Ultimate trim in B5 AWD spec.

Reviews Summary

The more powerful RAV4 PHEV is even stronger for 2026, and Toyota has introduced a new GR Sport trim to showcase its sportier side. The expanded lineup has four distinct trims, and the electric range has increased by at least 20% over the 2025 RAV4, so Toyota has furthered its lead over plug-in hybrid newcomers such as the Hyundai Tucson and Kia Sportage—and even the Lexus NX 450h+.

Verdict: This is the best version of the RAV4, though we can’t recommend the slightly sportier GR Sport until we know exactly how much it will cost. With improved tech and a greater focus on electrification, as well as available DC charging (despite the charge ports changing sides between trims), the RAV4 PHEV leans forward.

No video found
No video found

Popular Features & Specs

Engine

2.0L 194 hp I4

Engine

Drive Train

FWD

Drive Train

Seating Capacity

5

Seating Capacity

Horsepower

194 hp @ 4800 rpm

Horsepower

MPG City

24

MPG City

MPG Highway

32

MPG Highway

2023 Volvo XC40
2023 Volvo XC40
$36,350MSRP
Overview
Overview
OverviewShop Now
Photo not loading
2026 Toyota RAV4 Plug-in Hybrid
Not Available
Overview
Overview
OverviewShop Now
2023 Volvo XC40
$36,350MSRP
Overview
Overview
OverviewShop Now
2026 Toyota RAV4 Plug-in Hybrid
Not Available
Overview
Overview
OverviewShop Now

Overview

Years produced
2019-Present
2025-Present
MSRP
$36,350
Listings

Ratings & Reviews

User reviews

4.6

5.0

Expert reviews

7.5 out of 10

Read full review

7.0 out of 10

Read full review
Pros & cons

Pros

  • Stylish design

  • Multiple powertrain options

  • Comfortable

Cons

  • Not much cargo space

  • Recharge model is expensive

Pros

  • New sporty GR Sport grade

  • More electric range

  • Powerful

Cons

  • PHEV charge port inconsistencies

  • Over-the-top GR Sport accents

  • Price

Summary

In Volvo speak, “40” denotes an entry-level model. While the Swedish automaker no longer rosters the S40 sedan or V40 wagon in the United States, the XC40 subcompact crossover remains to compete with the likes of the Audi Q3, BMW X1, Lexus UX, and Mercedes-Benz GLA-Class for aspiring luxury-car owners’ dollars.

The XC40 was unveiled in 2017, arriving in the U.S. as a 2019 model, and hasn’t undergone a redesign since. An all-electric Volvo XC40 Recharge variant joined the lineup as a 2021 model. Volvo’s other current EV, the C40 Recharge, is also broadly similar to the XC40 models, but with a coupe-like body style.

For 2023, Volvo gave the XC40 several notable updates, including new mild-hybrid powertrains, revised styling, and the Android-based infotainment system previously seen on the XC40 Recharge and other Volvo models.

The mild-hybrid lineup includes base Core, mid-level Plus, and top Ultimate trim levels, with B4 front-wheel drive (FWD) and B5 all-wheel drive (AWD) drivetrains. This Volvo XC40 review is based on the Ultimate trim in B5 AWD spec.

The more powerful RAV4 PHEV is even stronger for 2026, and Toyota has introduced a new GR Sport trim to showcase its sportier side. The expanded lineup has four distinct trims, and the electric range has increased by at least 20% over the 2025 RAV4, so Toyota has furthered its lead over plug-in hybrid newcomers such as the Hyundai Tucson and Kia Sportage—and even the Lexus NX 450h+.

Verdict: This is the best version of the RAV4, though we can’t recommend the slightly sportier GR Sport until we know exactly how much it will cost. With improved tech and a greater focus on electrification, as well as available DC charging (despite the charge ports changing sides between trims), the RAV4 PHEV leans forward.

Video
No video found
No video found

Popular Features & Specs

Engine
2.0L 194 hp I4
Drive Train
FWD
Seating Capacity
5
Horsepower
194 hp @ 4800 rpm
MPG City
24
MPG Highway
32
Look and feel

2023 Volvo XC40

9/10

2026 Toyota RAV4 Plug-in Hybrid

7/10

The 2023 Volvo XC40 maintained its distinctive design, blending Volvo’s modern aesthetic with a classic SUV silhouette. Its clean exterior was free from unnecessary detailing, aligning with Volvo’s commitment to electrification, as evidenced by the hidden tailpipes on gasoline models. Updates for 2023 included a pixelated design for the “Thor’s Hammer” headlights, a more angular front bumper, and new wheel designs. The XC40 Recharge was easily identifiable by its sealed-off grille. Inside, the XC40 featured a minimalist design with thin air vents and scalloped elements, offering a standard dual-zone automatic climate control and optional leather upholstery. The Ultimate trim added luxury touches like a panoramic moonroof and an Orrefors crystal shift knob, though the all-black interior felt somewhat utilitarian.

The 2026 Toyota RAV4 Plug-in Hybrid offered a variety of designs, but the PHEV was limited to the Rugged Woodland trim and three Sport grades, including the exclusive GR Sport. The sixth-generation RAV4 retained its predecessor's footprint but added buffer bumpers for increased length. The Woodland trim emphasized a rugged look with a wide front fascia and solid panels replacing fog lights, while the GR Sport showcased racier elements like red brake calipers and a wide mesh grille. The interior featured a 12.3-inch digital instrument cluster and a touchscreen system, with wireless Apple CarPlay and Android Auto. The GR Sport trim offered enhanced handling with a lower ride height and performance tires, providing a sportier driving experience without sacrificing comfort.

Picture of 2023 Volvo XC40
Performance

2023 Volvo XC40

8/10

2026 Toyota RAV4 Plug-in Hybrid

7/10

The 2023 Volvo XC40 introduced mild-hybrid powertrains, featuring a 48-volt electrical system and a 13-horsepower integrated starter generator. The base B4 powertrain combined this system with a 2.0-liter turbocharged engine, producing 197 hp and 221 lb-ft of torque, while the B5 variant offered 247 hp and 258 lb-ft of torque. Both powertrains came with an eight-speed automatic transmission, with the B4 being FWD-only and the B5 AWD-only. The B4 and B5 models accelerated from 0 to 60 mph in 8.1 and 6.1 seconds, respectively. The XC40 Recharge, with its dual electric motors, delivered 402 hp and 486 lb-ft of torque, achieving 0 to 60 mph in 4.7 seconds and offering a 223-mile range. The Recharge also boasted a higher towing capacity of 4,409 pounds compared to the B5 AWD’s 3,500 pounds.

The 2026 Toyota RAV4 Plug-in Hybrid featured an updated 2.5-liter inline four-cylinder engine, producing 186 hp, paired with a larger 22.7-kwh battery pack. This setup increased the total power to 324 hp, making it the most powerful RAV4 to date. The PHEV offered a 52-mile electric range and standard all-wheel drive, with a front motor rated at 203 hp and 201 lb-ft of torque. The RAV4 PHEV excelled in Auto mode, delivering a 0-60 mph time in the low five seconds. The GR Sport trim, with its lower ride height and performance tires, provided enhanced handling, while the overall ride remained comfortable. The RAV4 PHEV’s power transition was seamless, with paddle shifters allowing manual control over the electronic continuously variable transmission.

Form and function

2023 Volvo XC40

7/10

2026 Toyota RAV4 Plug-in Hybrid

7/10

The 2023 Volvo XC40, while compact, offered reasonable space for its class. It matched the BMW X1 for rear-seat headroom and was slightly behind the Mercedes-Benz GLA-Class in front-seat headroom. The XC40 provided 20 cubic feet of cargo space with the rear seats up and 46.9 cubic feet with them folded. Interior storage was well-designed, with scalloped door panels and a spacious center console.

The 2026 Toyota RAV4 Plug-in Hybrid maintained similar dimensions to its predecessor but optimized interior space with clever storage solutions. The SE trim included a power driver’s seat and heated front seats, while higher trims offered ventilated seats and synthetic leather upholstery. The RAV4 PHEV provided 37.8 inches of rear legroom and 33.6 cubic feet of cargo space, expandable to 63.5 cubic feet with the rear seats down. The interior featured multiple storage shelves and deep door pockets, accommodating various items.

Technology

2023 Volvo XC40

8/10

2026 Toyota RAV4 Plug-in Hybrid

8/10

The 2023 Volvo XC40 featured an Android-based infotainment system with Google apps, a 12.3-inch digital instrument cluster, and a 9-inch touchscreen. The B5 Ultimate trim included a 13-speaker Harman Kardon audio system. The system’s graphics were pleasing, but the reliance on touchscreen controls could be cumbersome for some users.

The 2026 Toyota RAV4 Plug-in Hybrid boasted a 12.3-inch digital instrument cluster and a 10.5-inch touchscreen, with a larger 12.9-inch option on top trims. The system supported wireless Apple CarPlay and Android Auto, with customizable tiles and a quick menu for ease of use. Toyota’s new operating system, Arene, enhanced responsiveness and voice command capabilities. A built-in dash cam was a notable addition, offering automatic recording features.

Safety

2023 Volvo XC40

8/10

2026 Toyota RAV4 Plug-in Hybrid

7/10

The 2023 Volvo XC40 came with a comprehensive suite of standard safety features, including lane keep assist, automatic emergency braking, and blind spot monitoring. The Plus trim added front parking sensors, while the Ultimate trim included a 360-degree camera system and adaptive cruise control. The XC40 received high safety ratings from the IIHS and NHTSA, though it had an “Acceptable” rating in the updated side-impact test.

The 2026 Toyota RAV4 Plug-in Hybrid featured Toyota Safety Sense 4.0, with enhanced camera and radar capabilities. The suite included automatic emergency braking, lane-departure alert, adaptive cruise control, and blind-spot monitoring. The RAV4’s safety record was strong, with expected improvements in crash protection for the 2026 model.

Cost Effectiveness

2023 Volvo XC40

5/10

2026 Toyota RAV4 Plug-in Hybrid

6/10
N/A

CarGurus highlights

Winning Vehicle Image

According to CarGurus experts, the overall rating for the 2023 Volvo XC40 is 7.5 out of 10, while the 2026 Toyota RAV4 Plug-in Hybrid scores 7.0 out of 10. Based on these ratings, the 2023 Volvo XC40 is recommended for its superior refinement, safety features, and overall value.

Choose the 2023 Volvo XC40 if:

7.5of 10overall
  • You prioritize a refined and comfortable ride with a high level of interior quality.
  • You value a comprehensive suite of standard safety features and high safety ratings.
  • You prefer a minimalist design with a focus on practicality and interior storage.
181 results
See all

Choose the 2026 Toyota RAV4 Plug-in Hybrid if:

7of 10overall
  • You want a powerful plug-in hybrid with a long electric range and strong performance.
  • You need a versatile interior with clever storage solutions and ample cargo space.
  • You appreciate advanced technology features, including a responsive infotainment system and built-in dash cam.
15 results
See all

CarGurus highlights

Winning Vehicle Image

According to CarGurus experts, the overall rating for the 2023 Volvo XC40 is 7.5 out of 10, while the 2026 Toyota RAV4 Plug-in Hybrid scores 7.0 out of 10. Based on these ratings, the 2023 Volvo XC40 is recommended for its superior refinement, safety features, and overall value.

Choose the 2023 Volvo XC40 if:

Shop Now
7.5of 10overall
  • You prioritize a refined and comfortable ride with a high level of interior quality.
  • You value a comprehensive suite of standard safety features and high safety ratings.
  • You prefer a minimalist design with a focus on practicality and interior storage.
181 results

Choose the 2026 Toyota RAV4 Plug-in Hybrid if:

Shop Now
7of 10overall
  • You want a powerful plug-in hybrid with a long electric range and strong performance.
  • You need a versatile interior with clever storage solutions and ample cargo space.
  • You appreciate advanced technology features, including a responsive infotainment system and built-in dash cam.
15 results
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