Volvo XC40 vs Honda CR-V Hybrid

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.

The 2024 CR-V Hybrid is one of the roomiest compact crossovers you can buy, with plenty of comfort for passengers and space for cargo. In addition, it is a safe choice, and hybrid power comes standard on its highest trims. What’s new? This year, an EX-L Hybrid trim level debuts in Canada with standard all-wheel drive (AWD), which introduces a lower starting price for the CR-V’s more fuel-efficient powertrain versus the top-shelf Touring Hybrid trim.

Verdict: Overall, there is little to criticize and much to praise about the 2024 Honda CR-V Hybrid. It might not be the most exciting vehicle in its segment, but it excels at practicality, utility, comfort, and safety. Unfortunately, it also falls short in perhaps the most critical area for any hybrid: fuel economy.