2023 Volvo XC40 vs 2024 Cadillac LYRIQ

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

The XC40 was unveiled in 2017, arriving as a 2019 model, and it 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 standard B5 all-wheel drive (AWD) drivetrains (the B4 front-wheel drive, or FWD, version offered in the US is not available in Canada). This Volvo XC40 review is based on the Ultimate trim in B5 AWD spec.

After a shortened 2023 introduction, the 2024 Lyriq is the first full model year of Cadillac's midsize electric SUV. The Lyriq is the luxury version of the GM Ultium EV platform used in other EV SUVs, including the Chevrolet Blazer EV, Honda Prologue, and Acura ZDX. With ample power, up to 505 kilometres of range, and a properly upscale interior that finally looks different than a Chevy, the Lyriq is a good contender if you're shopping for a higher-priced, two-row electric SUV. We tested a fully loaded Lyriq Sport 3, which is priced in Canada at $90,023 including a $2,300 destination charge and other fees.

Verdict: As an EV, the Lyriq is average. As a Cadillac, it’s much better than anything else in the showroom. Traditional brand hallmarks, such as a cavernous back seat and a gentle ride, blend with big screens and significantly improved material quality. But it's still not up to the luxury standard that Cadillac promises.