What's the difference?
Throughout its history Volvo has been known for a lot of things. Being a safety leader, dorky but endearing station wagons, ‘bloody Volvo drivers’, and more recently, a trailblazer in minimalist premium design.
The C40 is the first step in a next chapter for Volvo, with the brand wanting to be known next for its leadership in the electric space. For the first time for Volvo, it’s a fully electric offering
But in a world of Teslas, Polestars, and Mercedes Benz EQs, where does the C40 sit, and is it worth considering in an increasingly congested premium small SUV space?
We went to its Australian launch to find out.
The Denza B5 Leopard PHEV is the latest in China’s plug-in hybrid invasion of Australia.
Denza is a premium sub-brand of BYD and the B5 is a luxury body-on-frame 4WD wagon with five seats, 16 drive modes, a low-range gear-set on the rear axle, and front and rear diff locks.
It has a packed standard features list, a premium-style interior, about 100km electric-only driving range, and real off-road adventure potential.
But how does this plush plug-in perform off-road?
Read on.
The C40 becomes a compelling option in the electrified small SUV space, offering a premium look and feel, great range and tech inclusions at the price, as well as awesome on-road dynamics.
Its main downsides are the rear seat, which is compromised by its platform and design-led roofline, and the overwhelming power and added traction of the dual-motor makes the single motor less attractive on the value front.
Still, regardless of variant chosen, the C40 looks to offer a stand-out balance of price, range, and performance, against its traditional rivals and newcomers alike.
The Denza B5 Leopard PHEV is an impressive five-seat premium-style 4WD wagon: it’s reasonably nice to drive, it’s comfortable and it’s a capable 4WD and word on the tracks is that a new software update is set to make it even more of an effective off-roader.
It doesn’t offer the level of fuel economy you’d hope for, and there are issues with elements of its driver-assist tech suite – some of which are jarring and over-reactive – but the B5 looks and feels like a premium 4WD and represents decent value for money, especially when cross-shopped against something like a new-generation Prado.
Volvo has become a brand with a distinctive and consistent design language which embodies the kind of beautiful minimalism normally associated with Scandinavian brands.
I have always liked how Volvo says more with less design elements, with only gentle touches of chrome or gloss black, and a lack of over-the-top sporty pieces avoiding the temptation to over-sell the sporty potential of the brand’s range.
The C40 takes the small SUV formula, well established by its XC40 relation, and gets a bit weird and experimental. It’s slightly lower and has a more coupe-styled rear, with a strongly raked rear window giving it a sportier and more aggressive look than the rest of Volvo’s SUV range.
The styling is sold by an angular spoiler piece running atop the boot, and the rear light clusters have gone all minimalist, constructed of individual pieces rather than a single transparent housing, and they give a nod to the C30 hatchback which this car is the spiritual successor to, by name and nature.
The interior offers up no surprises, sticking to the formula Volvo has established across all of its current models. An effortlessly premium space with, again, a minimalistic dash dominated by the portrait touchscreen, the C40’s premium nature is confirmed by its finely patterned inlays, simple chrome pieces, and abundance of soft-touch surfaces.
The big upright vent fittings with clever rhomboid patterns on their adjustment dials are always a highlight piece of modern Volvos, and the pattern work is continued on the central volume adjust dial and even on the little rotating pieces of the light and wiper stalks. Clever.
Even the software is paired back on the multimedia suite and digital dashboard, with easy to use shortcuts and simple menus which suit the car.
Volvo might turn off some buyers with the more unconventional shape of the C40. But for those looking for a more traditional SUV it also offers the XC40 in the same two variants, and the Polestar 2 caters to those not looking for an SUV at all.
It’s easy to immediately pick up on the B5’s plethora of design cues: it wears with pride its old-school 4WD influences – not the least of which is its blocky, straight-up-and-down profile – mixed in new-gen looks.
All-round this 4WD wagon might be considered an affectionate homage to the likes of the Toyota Prado (aka 250 Series).
The B5 sports roof rails, a sunroof and 20-inch alloy wheels.
Whatever you see when you look at the B5, at least it’s not generic or boring.
And that non-boring impression continues inside…
The B5’s interior is premium-looking and -feeling and it also features quirky touches, such as the crystal-look buttons including a ruby-red start-stop button, and enough leather-accented surfaces and brushed-metal-type sections to keep you intrigued.
Though the dash may be a confusion of buttons and controls, on- and off-screen, the whole she-bang is superficially impressive.
Case in point: the auto shifter lowers and self-stows away in the centre console when the car is switched off and rises for use when the car is switched on. Neat.
It’s on a par in design terms with rivals, such as the Prado.
The C40 is essentially a XC40 with a cropped down roofline, and there are some obvious downsides which this new shape brings.
The front seat throws no surprises, though, offering plenty of room for two adults with a welcome level of adjustability for the seat and wheel. The seats could be more comfortable, though, with a notable lack of padding in the base compared to some luxury (or even non-luxury) rivals.
I’m a fan of the fabric trim which comes on both grades, bucking the trend of needing to have leather or leather-like trim for a car to feel ‘premium’.
The ample window space up front, including the massive glass roof helps the C40’s cabin feel spacious, but the view out the rear with its aggressive design is all but a very limited letterbox aspect, particularly if the rear seat headrests are in the upright position.
While some controls are exclusively via touch interface, there is a physical volume dial, and shortcut buttons for the defogger functions.
Temperature is controlled by touch, however, and the detail settings have some smaller toggle adjustments. Tricky to jab at when you’re on the move.
The digital dash is refreshingly simple, but minimally adjustable, with the choice of either a nifty navigation screen, a blank screen, or trip details being the only options.
Cabin storage is good but not stellar. There are bottle holders and big pockets in the doors, a set of two cupholders in the centre (beats the Polestar 2’s single cupholder), a small tray with a wireless charger under the multimedia screen, and a smallish console armrest box.
The rear seat is where the real problem exists. Unlike the XC40, the C40’s cropped roofline means my head was hard up against the roof (I’m 182cm tall).
I did have decent knee room behind my own seating position, however the seat comfort in the back still isn’t as good as some rivals.
The middle position is also compromised, thanks to the raised centre floor piece the C40’s platform needs to facilitate all-wheel drive in its combustion relations.
A bottle holder appears in each door pocket, and in a rare inclusion, there are heated outboard rear seats, adjustable air vents, and USB-C charging ports.
The boot has a quoted capacity of 413 litres with the rear seats up. The floor is comparatively high suggesting a smallish space when loaded with luggage cases, for instance. Stay tuned for a follow-up review so we can see how well it holds our three-piece demo set.
The floor itself has an adjustable, pop-up divider and multiple luggage hooks, making it quite versatile, and there is a cavity beneath which can hold your charging cables as well as the inflator kit in place of a spare wheel.
The B5’s cabin is plush, spacious, and comfortable.
The driver’s seat is eight-way power adjustable (plus four-way adjustable lumbar support), while the front passenger seat is six-way power adjustable.
As mentioned earlier, all seats are Nappa leather-accented.
The B5’s luxury-style interior, also as mentioned, includes nifty touches, such as crystal-look buttons being the most obvious, and an auto shifter auto that stows away in the centre console when the car is switched off and rises, ready for use, when the car is switched on.
Elsewhere the dash and centre console is, at first, a confusion of buttons and controls, on-screen and off. But you soon get sort of used to all of it.
The second row is a 60:40 split-fold split and it has a flip-down control console rather than a basic centre armrest with cupholders.
The rear cargo area has four tie-down points and volume is listed as 470L (with the second row up and in use) and 1064 litres with the second row stowed away.
When it comes to electric vehicles, it’s impossible to consider price alone, as you also have to consider driving range, and the C40 manages to impress on both fronts.
Its refreshingly simplified range consists of just two highly-specified variants, a single motor which starts from $74,990, offering a 434km driving range, or a dual motor starting from $82,490 which offers a 420km driving range.
There’s much more devil in the detail, but to set the scene there are now quite a few direct rivals in this price-bracket, including everything from the Tesla Model Y (from $72,300), Mercedes-Benz EQA (from $78,513), Polestar 2 (from $63,900) and even the Kia Niro which is similarly sized and specified (from $65,300).
Interestingly, the C40 is closely related to the Polestar 2, but has a much higher base starting price. Volvo says this is because it carries a higher standard specification, and offers the C40 without option packs.
Standard gear on the base single motor C40 includes 19-inch alloy wheels, a 9.0-inch portrait multimedia touchscreen (running a Google-based always-online software suite), LED headlights, dual-zone climate control, a fixed panoramic sunroof, electrically adjustable front seats, heated seats for the front two and outboard rear seats, a powered tailgate, as well as keyless entry with touch-free ignition.
Interestingly, Volvo also told us some 90 per cent of customer interest so far has been for the more expensive dual-motor variant, which is particularly impressive for doubling the power output while adding 20-inch alloy wheels, a 360-degree parking suite, premium Harmon Kardon audio, and an alternate interior trim.
Both variants score safety equipment and items which are otherwise part of expensive option packs in the Polestar 2 range. We’ll take a look at the full safety gear later in this review.
Overall, the C40 impresses on the premium car value front compared to rivals, bolstered by solid range and impressive performance.
The Denza B5 Leopard PHEV is available in two specs: entry-level B5 and top-spec B5 Leopard, which is the subject of this test. The Leopard has a recommended retail price of $79,990 (excluding on-road costs), while the regular B5 is $74,990.
Standard features in the Leopard include a 15.6-inch touchscreen multimedia system (with wireless Apple CarPlay and Android Auto), a 12.3-inch driver instrument cluster, surround-view cameras, hydraulic adaptive suspension, 16 driving modes, and front and rear diff locks.
The Leopard has Nappa leather-accented seats.
The B5 and its bigger stablemate, the B8, mark the debut of Denza’s Dual Mode Off-road (DMO) hybrid 4x4 architecture, consisting of the plug-in hybrid powertrain, which umbrellas a Blade battery, twin electric motors, and turbocharged four-cylinder engine – but more on that later.
Also of note is the fact that this B5’s 31.8kWh battery supports Vehicle-to-Load (V2L) functionality/capability, which means you can power your camping gear (lights, fridge, karaoke juke box etc.).
Eclipse Black paint is standard. Optional paint choices – including Alpine White, Juniper Green, Glacier Blue, Granite Grey and Leopard Gold – each costs an extra $1500 (including an interior colour-scheme and materials to match).
It’s more impressive in the value-for-money stakes than something like the new-generation Toyota Prado, which will set you back upwards of $100,000 for an Altitude or Kakadu spec.
Great news here, the C40 can be chosen with two powerful layouts, either a front-wheel drive 170kW/330Nm set-up, or a dual-motor all-wheel drive arrangement, able to make use of nearly double the power at 300kW/660Nm. The dual-motor is capable of sprinting from 0-100km/h in just 4.7 seconds.
The front-drive is backed by a 69kWh battery allowing it a 434km range, while the dual motor ups the battery size to 78kWh to allow a 420km driving range.
The B5 has a 1.5-litre turbocharged four-cylinder petrol engine, a 31.8kWh battery and an electric motor on each axle (front: 200kW/360Nm, rear: 285kW/400Nm) – and that combination all-up produces total outputs of 400kW and 760Nm.
The Leopard has a CVT, low-range 4WD gearing, as well as a front and rear diff lock.
The Denza B5 has 16 selectable drive modes: daily drive modes (Comfort, Eco and Sport), as well as terrain modes (Snow, Sand, Mud, Mountain, Rock, Intelligent, Creep, Wading, Sport+, Custom, Burst, Climbing, Tug-of-War (towing), L Function (low-range 4WD), and Leopard Turn, which is the B5’s equivalent of the Tank Turn, where it brakes the inside rear wheel during tight, low-speed off-road turns, reducing the turning radius, and so enabling the B5 to navigate a particularly tight turn.
Surprisingly, energy consumption is quite high for both C40 variants. The single motor is the more efficient of the two, consuming 16.8kWh/100km on the more lenient ADR testing schedule, while the dual motor officially consumes 22.2kWh/100km to the same standard. I saw around 23kWh/100km overall in my short test of the dual-motor variant.
Energy consumption could be better for both, as I have achieved more consistently impressive results particularly from Hyundai and Kia electric cars.
Where the C40 is more impressive though is its charging specs, which are exactly where they need to be for a car this size. On a rapid DC charger, the C40 can charge at a rate of 150kW meaning a 10 - 80 percent charge in 40 minutes for the dual motor, or 32 minutes for the single motor.
On the slower AC standard, the C40 charges at a rate of 11kW. Expect a 10 - 80 percent charge time of around five or six hours on this standard.
The C40 uses a European-standard Type 2 CCS charging port, although it misses out on the handy two-way charging feature offered by some rivals.
The 31.8kWh battery provides up to 100km of electric-only driving and supports 100kW DC fast-charging.
Official combined fuel consumption is 3.9L/100km and the B5 runs on regular unleaded fuel (91).
Official fuel consumption is 10.9L/100km when state of charge is lower than 25 per cent.
On this test, I recorded 10.2L/100km.
The B5 has a 83-litre fuel tank so, going by my fuel figures, you could expect a total driving range of about 900km out of a full tank and a full charge.
If you’ve driven any kind of XC40 or even a Polestar 2 before, the C40 will offer no surprises. It’s pretty much exactly the same from behind the wheel with a few subtle tweaks.
This is a very good thing. The C40 is quiet, easy to drive, and its electric motor and regen system offer a smooth single-pedal experience.
It is also alarmingly, overwhelmingly, rapid. While its massive set of batteries under the floor make it feel heavy off the line in stop-start traffic, sticking your boot into the accelerator will remove any doubt, particularly in the dual-motor variant, that this Volvo means business.
The dual-motor also has an incredible torque-vectoring system, making it extremely difficult to elicit so much as a squeak from its tyres. It also feels as though torque is distributed quite evenly between its two driven axles, making it feel neither prone to over- or understeer.
This has the effect of making the C40 feel somewhat indestructible in the corners, with absurd levels of grip.
The same feeling is present in top-spec versions of the Polestar 2, only the feeling of ever-present weight is more noticeable in the higher-riding C40, which can make it unsettling to take corners at the kinds of speeds it is capable of.
The steering tune is interesting. Volvo offers two software-controlled modes, either heavy or standard, and the standard mode is heavy enough.
Despite its electrical assistance, the wheel does continue to offer some organic feedback, making the C40 a pleasure to steer on countryside roads.
The ride is also surprisingly good, despite massive wheel options. I was impressed how easily the C40 handled most bumps and undulations, communicating little to the cabin.
The ride can approach its limits with such big wheels and the weight of its batteries, generally these are communicated via unsettling thuds from underneath the car. Regular undulations at higher speeds also had the C40 bouncing around a little.
On the whole, though, the cabin is kept relatively insulated and serene, adding an element of total confidence, similar to that offered by Teslas, whilst offering better ride quality with a softer edge. At higher speed, at least on the 20-inch wheels, road noise does pick up, however.
In terms of electric driving, there is a single adjustable setting for regen. The car either offers a full single pedal mode with maximum regenerative braking to bring the car to a halt with the motor alone, or a ‘standard’ mode which tones the regen down and offers it blended in via the brake pedal.
Single pedal mode is more efficient. I suggest you stick to it if you want to make the most of this car’s efficiency.
I was surprised to have so few complaints about the C40’s drive experience. This is a balanced and capable EV which is yet another example of how even vehicles which use combustion platforms are improved out of sight by full electrification.
The B5 Leopard is 4921mm long (with a 2800mm wheelbase), 1970mm wide, 1930mm high. It has a listed kerb weight of 3007kg and a 11.8m turning circle.
Yep, so it’s not insubstantial. But it doesn’t feel unwieldy to drive.
On road, there’s a lot to like about the B5: it's comfortable, refined and composed and it has such a premium feel about it that it really is a top spot in which to spend a lot of time, on road trips, day-to-day driving or long road trips – it's very impressive.
Denza reckons the B5 is capable of doing the 0-100km/h sprint in 4.8 seconds but, while I did admittedly check out the B5’s impressive acceleration in short bursts, I didn’t try to prove or disprove that 0-100km/h claim.
On dirt tracks the B5’s suspension – double wishbone independent and coil springs – yields a firm and jittery ride over minor irregularities in the track but otherwise it’s mostly controlled
Off-road, the separate body-on-ladder chassis B5 has up its metal sleeve an effective combination of mechanical low-range 4WD on the rear axle, electronic torque vectoring at front, diff locks front and rear, and well-calibrated off-road traction control.
This plug-in hybrid optimises a combination of driver-assist technology – including 16 drive modes with the bulk of those designed for off-road scenarios – and with nicely dialled-in off-road traction control and mechanical diff locks on-board it is formidable in most off-road situations.
In action, all of those modes adjust vehicle systems, throttle, and engine output to give the driver the best chance possible of getting safely through every off-road challenge.
And it does a bloody good job of it.
The B5 tackled our steep rock-step test with ease there's plenty of torque available and again that off-road traction control system is well calibrated, sharp and precise in its application.
Off-road angles on this vehicle are also on the right side of good and the fact that the Leopard has hydraulic-adjustable suspension to suit each driving mode is also a handy feature because you can maximise those off-road angles – approach, departure and ramp-over – as well as ground clearance.
In fact, you can set ground clearance anywhere between 220mm and 310mm and that means you have greater flexibility in terms of what you can drive, how you can drive, how severe an obstacle you can tackle and how safe you are while doing that.
This plug-in hybrid works through a continuously variable transmission (CVT) and it works well in this vehicle, in this package. It's clever, smooth and seamless in its operation
Another bonus is the B5’s off-road/360-degree cameras, which actually offer a decent image rather than the muddy, fish-eye view of some other on-board camera systems.
Now for the flaws.
There’s little to no wheel travel; there’s not a lot of stretch to those wheels when the height-adjustable suspension is maxed out at its top point – in Crawl mode – so you are sacrificing that.
The B5’s tyres (Pirelli Scorpion Elect SUV tyres – 275/55R20) are marketed as “all weather” tyres but they're not suited to four-wheel driving of any great difficulty.
If you’re thinking about using your B5 as an off-road tourer, get rid of the showroom-standard tyres and replace them with more aggressive all-terrains.
Payload in the Leopard is 490kg (600kg in the standard B5).
In terms of towing capacity: the B5 Leopard is rated to tow 750kg unbraked, and 3000kg braked. GVM is 3497kg, while GCM is 6232kg.
The B5 is a very effective 4WD wagon: smooth and comfortably capable.
There are some issues with the driver-assist tech, but that's mostly limited to its on-road behaviour – it can be intrusive and preemptive in its application – but the driver-assist tech, which relates to off-road performance, is impressive.
We eagerly await a full-blown software update that will further improve the B5’s off-road efficacy.
Sticking to its brand promise, Volvo offers the full range of active safety equipment on the C40 regardless of variant.
This includes freeway-speed auto emergency braking, rear auto braking, lane keep assist with lane departure warning, blind spot monitoring with rear cross-traffic alert, and one of the best adaptive cruise control systems on the market.
The only item the single motor misses out on is a 360-degree parking camera, which is exclusive to the dual motor variant.
It is notable how the adaptive cruise control, blind spot monitoring rear cross-traffic alert, and rear auto braking are on the options list for the Polestar 2.
These active systems combined with eight airbags (the standard dual front, side, and curtain, as well as a driver’s knee and centre airbag) make for a five-star ANCAP safety rating to the latest 2022 standards.
The Denza B5 Leopard PHEV has the maximum five-star ANCAP rating from testing in 2025.
As standard, it has 11 airbags (curtain, front, side, knee and centre airbags) and a comprehensive suite of driver-assist tech including AEB, adaptive cruise control, tyre pressure monitoring, a 360-degree around-view camera, as well as front and rear collision warning, and front cross traffic alert.
On a par with more expensive rivals, then.
The C40 is covered by Volvo’s five year and unlimited kilometre warranty, with a separate eight-year, 160,000km warranty for the battery. There is also eight years of roadside assistance attached.
It is pleasing to see the service intervals for the C40 are long, as they should be for an electric car with so few moving parts, set at two years or 30,000km.
The first 24 month service is free of charge, and Volvo tells us service pricing after this period will average out to around $100 a year ($200 per visit).
The Denza B5 Leopard PHEV is covered by a six-year/150,000km warranty.
The B5’s 31.8kWh battery has an eight year/160,000km warranty.
The first service is scheduled at six months/3500km; the rest of the servicing appointments are set for every 12 months/20,000km.
Total cost is $3220 (plus GST) via five-year capped-price servicing.
That puts it on a par with more expensive rivals.