Hyundai Elexio vs Volvo XC40

What's the difference?

VS
Hyundai Elexio
Hyundai Elexio

$58,990 - $61,990

2026 price

Volvo XC40
Volvo XC40

$34,999 - $64,990

2024 price

Summary

2026 Hyundai Elexio
2024 Volvo XC40
Safety Rating

Engine Type

Not Applicable, 0.0L
Fuel Type
-

Electric
Fuel Efficiency
-

0.0L/100km (combined)
Seating
0

5
Dislikes
  • Slow(ish) DC charging
  • Cabin devoid of buttons
  • Disappearing driver screen

  • Ride comfort isn't there on long journeys
  • Loud cabin at higher speeds
  • Interior trims don't match grade level
2026 Hyundai Elexio Summary

There's a hell of a lot riding on the shoulders of the Hyundai Elexio, which is shaping as the brand's best shot to date at taking on Made In China models like the BYD Sealion 7 and Tesla Model Y. 

While the Ioniq family sits atop the EV tree at Hyundai, the Elexio is a very different proposition. It's priced more sharply (the brand is quick to point out that it's only about $8 a week more expensive than a Sealion 7 on a novated lease), and it's the first Hyundai vehicle offered in Australia that's produced in the brand's Chinese factory through its Beijing Hyundai joint venture.

In short, it feels a lot like Hyundai is ready to take on BYD at their own game in Australia.

So, is the Elexio the pick of the Made In China bunch?

View full pricing & specs
2024 Volvo XC40 Summary

The XC40 Recharge Twin Motor is the flagship model for the segment leading small electric SUV from Volvo.

Well positioned in terms of price, specifications and driving range, it continues to prove itself a fierce rival to the Mercedes-Benz EQA, Lexus UX and newcomer BMW iX1.

But does it bring its A-game to every attribute buyers in the small electric SUV segment demand? In this review, we put it to test to find out.

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Deep dive comparison

2026 Hyundai Elexio 2024 Volvo XC40

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