The Volvo V40 is a family hatchback that was first revealed back in 2012 and was in production until 2019. Its main rivals were the Audi A3, the BMW 1-Series, and the Mercedes A-Class. Even though the V40 was a fairly popular hatchback that was fetching decent sale numbers, Volvo decides to discontinue it in 2019 in order to focus on crossovers and SUVs.
The Volvo XC40 is more or less what Volvo had in mind when thinking about a model that could replace the V40. However, rumors have been going around lately that Volvo is not going to retire the V40 name anytime soon as they are likely going to use it for their next fully electric car which is likely going to look like a mixture between a sedan and an SUV, something like the Polestar 2.
If you want to know all about 2023 Volvo V40, be sure to read this article as we are going to combine all the available data online about this potential new Volvo model. Back in 2020, the company even officially confirmed that the V40 nameplate is not going away and that they expect to launch the new V40 in 2023.
Volvo gave us a hint on what the V40 might look like as it should draw its inspiration from the Volvo 40.1 and 40.2 projects. Be that as it may, only time will tell how the V40 is going to look and how it is going to fare with the modern-day crossover/hatchback.
2023 Volvo V40 – The Powertrain
There isn’t all that much info out there regarding the 2023 Volvo V40 powertrain, but since the V40 is going to be built on the existing CMA platform, chances are that it is going to come with both combustion engines and electric engines. Volvo’s relatively fresh 1.5L PHEV is more than likely going to be offered with the upcoming V40.
This engine pushes out 211hp combined with electric motors. This engine is used with the XC40 SUV and it enables the XC40 to run from 0 to 60mph in just 8.5 seconds which is indeed a good number for a small 1.5L gasoline engine.
There are also quite a few rumors suggesting that the next-gen V40 is also going to use the familiar 2.0L 4-cylinder turbocharged gasoline engine with 250hp. Also, we can expect to see a fully electric version of the V40 which should use the company’s familiar 75kWh battery and should have around 250-300 miles of range.
All-wheel drive is likely to be an option for lower-trim models while higher-trim models should have it as standard.
2023 Volvo V40 – Design and Driving
Design-wise, the V40 is likely going to draw some inspiration from a few existing Volvo models and the aforementioned 40.1 and 40.2 concept cars. Volvo says that the idea behind the V40 is not to make it a hatchback, but rather a more modern interpretation of crossover/sedan. This means that the V40 should look rather similar to the Polestar 2.
The XC40 and the C40 Recharge are also inspirations from which the design of the V40 is going to be borrowed. Volvo says that the V40 is going to have a higher ride height, but it isn’t going to be a full-on SUV as that honor goes to the C40 and the XC40.
The interior of the V40 is hopefully going to look similar to the new Volvo EX90 interior as opposed to the existing XC40 and C40 interior which is starting to look a bit dated but is still amazing-looking.
2023 Volvo V40 – Technology
As far as technology is concerned, the V40 is going to rely on the existing Volvo palette of tech that can be seen in the XC40 and the C40. This means that it is going to come with the new Google-backed infotainment system which is sure to make the car more controllable.
You can also expect to find all the latest and greatest ADAS goodies, premium surround sounds, advanced HUDs, and all the other high-end luxury features you’d come to expect from this segment.
2023 Volvo V40 – Value and Practicality
The Volvo C40 Recharge costs around $59,000, but we can expect the V40 to start at a few thousand dollars more due to it probably being a more advanced car overall. It is also going to come in Volvo’s new Core, Plus, and Ultimate trim levels which are going to boost that price up to $70,000 or even $80,000.
Practicality is a mystery as the car has not yet been revealed, but we can expect it to be similar to the Polestar 2 as the Polestar 2 is probably the car that looks like the upcoming V40.
When is the new 2023 Volvo V40 coming out?
There are no official statements about when the V40 could see the light of day, but we could expect it to drop before Q2 of 2023. Volvo may have delayed the V40 a bit which is understandable as that is sadly common across the auto industry these days.
On the other hand, they might have done that on purpose in order to create some space between the new C40 and the upcoming V40.
Is the Volvo V40 actually coming out?
Some have said that the new C40 is actually the new V40, but that is likely not the case as the C40 does not look like a sedan by any means. The C40 has an unmistakable coupe SUV form which shares nothing with what the V40 should supposedly look like.
We will have to wait and see how this is going to play out, but Volvo did officially confirm that they are indeed going to revive the V40 name.
Is Volvo making good cars?
Volvo is a true luxury carmaker that is mostly competing with the German trio in order to make the best premium cars in Europe. Just being able to compete with Audi, BMW, and Mercedes says a lot, and as such, Volvo does make some really good cars and SUVs.