2024 head-to-head · Small SUV

2024 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.

Swap sides
✓ Cheaper to run
$729/ year to fuel
125 MPGe
✓ Cheaper to run
$856/ year to fuel
106 MPGe

The 2024 Lexus RZ is the cheaper one to run. Driving 15,000 miles a year with 18¢/kWh electricity, it costs about $729 a year to fuel (125 MPGe), versus $856 for the 2024 Volvo XC40 EV (106 MPGe). That's roughly $127 a year, or about $634 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 RZVolvo XC40 EV
$729 Your annual fuel cost $856
125 MPGe Combined efficiency 106 MPGe
137 MPGe City 118 MPGe
112 MPGe Highway 95 MPGe
27 kWh Electricity use (kWh/100 mi) 31.7 kWh
266 mi Driving range 293 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
11 hrs Charge time at 240V 8 hrs
Electric Powertrain Electric
Electricity Fuel Electricity
Electric motor (150 kW) Engine / motor Electric motor (220 kW)
Single-speed Transmission Single-speed
FWD Drivetrain RWD

✓ 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 293 miles on a charge, compared with 266 miles for the Lexus RZ.

Among 119 2024 small SUVs, the Lexus RZ ranks 1st and the Volvo XC40 EV 13th for lowest fuel cost.

Frequently asked questions

Which is more fuel-efficient, the 2024 Lexus RZ or the 2024 Volvo XC40 EV?

Measured by cost to drive, the Lexus RZ. The Lexus RZ is rated 125 MPGe combined and the Volvo XC40 EV 106 MPGe (EPA, most efficient configuration of each).

How much does it cost to fuel the 2024 Lexus RZ vs. the Volvo XC40 EV per year?

At 15,000 miles a year with 18¢/kWh electricity, about $729 for the Lexus RZ and $856 for the Volvo XC40 EV.

Which has more range?

The Volvo XC40 EV: about 293 miles versus 266 miles.

Lexus RZ vs Volvo XC40 EV in other years

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