2023 head-to-head · Small SUV
2023 Lexus RZ vs Volvo XC40 EV
MPG, range and what each one really costs you to fuel, from official EPA ratings and recalculated with your own gas and electricity prices.
AWD · Electric motors (300 kW) · Single-speed · 85 MPGe · 223 mi
The 2023 Lexus RZ is the cheaper one to run. Driving 15,000 miles a year with 18¢/kWh electricity, it costs about $864 a year to fuel (107 MPGe), versus $1,064 for the 2023 Volvo XC40 EV (85 MPGe). That's roughly $200 a year, or about $999 over five years.
Your numbers
Change these to match your driving and local prices. Every figure and chart on this page updates.
Fuel cost over 10 years
- Lexus RZ
- Volvo XC40 EV
Side by side
| Lexus RZ | Volvo XC40 EV | |
|---|---|---|
| $864 | Your annual fuel cost | $1,064 |
| 107 MPGe | Combined efficiency | 85 MPGe |
| 115 MPGe | City | 92 MPGe |
| 98 MPGe | Highway | 79 MPGe |
| 32 kWh | Electricity use (kWh/100 mi) | 39.4 kWh |
| 220 mi | Driving range | 223 mi |
| 0 g/mi | Tailpipe CO₂ (g/mi) | 0 g/mi |
| 10/10 | EPA fuel economy score | 10/10 |
| 10/10 | EPA greenhouse gas score | 10/10 |
| 10 hrs | Charge time at 240V | 8 hrs |
| Electric | Powertrain | Electric |
| Electricity | Fuel | Electricity |
| Electric motors (230 kW) | Engine / motor | Electric motors (300 kW) |
| Single-speed | Transmission | Single-speed |
| AWD | Drivetrain | AWD |
✓ marks the better value. EPA scores run 1–10 (10 is best). Volumes come from the EPA interior volume index and aren't published for every body style.
Lexus RZ vs Volvo XC40 EV across model years
- Lexus RZ
- Volvo XC40 EV
Annual fuel cost of the most efficient configuration of each model year, at your prices. Click a point to open that year.
How they differ
The Volvo XC40 EV goes farther between stops: about 223 miles on a charge, compared with 220 miles for the Lexus RZ.
Among 118 2023 small SUVs, the Lexus RZ ranks 6th and the Volvo XC40 EV 12th for lowest fuel cost.
Frequently asked questions
Which is more fuel-efficient, the 2023 Lexus RZ or the 2023 Volvo XC40 EV?
Measured by cost to drive, the Lexus RZ. The Lexus RZ is rated 107 MPGe combined and the Volvo XC40 EV 85 MPGe (EPA, most efficient configuration of each).
How much does it cost to fuel the 2023 Lexus RZ vs. the Volvo XC40 EV per year?
At 15,000 miles a year with 18¢/kWh electricity, about $864 for the Lexus RZ and $1,064 for the Volvo XC40 EV.
Which has more range?
The Volvo XC40 EV: about 223 miles versus 220 miles.
Lexus RZ vs Volvo XC40 EV in other years
More 2023 comparisons
Lexus RZ vs…
Or compare the 2023 Lexus RZ with anything else: