Charging Costs
Cost to Charge Volvo EX40 in Iceland
Updated March 2026
The Volvo EX40 has a 79 kWh battery and uses about 19.8 kWh per 100 km. With up to 400 km of range and 200 kW DC charging, it balances practicality and charging speed well. Drivers using our app find that its generous range reduces the need for public fast charging on most days. In Iceland, average home electricity costs around €0.08/kWh and DC fast charging averages €0.42/kWh. These are estimates. Always check your vehicle's manual for exact specifications.
Charging costs vary significantly depending on your electricity tariff, time of day, charging network, subscription, and location. The numbers below are estimates based on average prices in Iceland and may not reflect what you actually pay. Always check your network's app for current pricing.
Home charging
€1.58
per 100 km
Public AC
€4.95
per 100 km
DC fast charging
€8.32
per 100 km
Detailed Breakdown
| Home | Public AC | DC Fast | |
|---|---|---|---|
| Price per kWh | €0.08 | €0.25 | €0.42 |
| Cost per 100 km | €1.58 | €4.95 | €8.32 |
| Full charge (0-100%) | €6.32 | - | €33.18 |
| Monthly (1,250 km) | €20 | - | €104 |
Compared to Petrol
- Volvo EX40 (home charging)
- €1.58 / 100 km
- Comparable petrol car (7 L/100 km)
- €11.90 / 100 km
- Estimated annual savings (15,000 km/year)
- €1547
Based on approximate average fuel and electricity prices. Actual savings depend on your tariff, driving patterns, and fuel costs.
Tips to Reduce Charging Costs
- The EX40's 79 kWh battery charges overnight on an 11 kW home charger in about 7-8 hours. Use the car's charging timer to fill up during the cheapest electricity hours.
- With 200 kW DC capability, the EX40 charges quickly between 10-80%. At per-minute billing stations, this speed advantage means you pay less for each kWh compared to slower-charging models.
- Set the daily charge limit to 80%. Above that, the EX40's charging speed drops significantly, making the last 20% disproportionately expensive at time-based DC stations.
- Use preconditioning via the Volvo app before departure. The EX40's cabin and battery both benefit from this, especially in cold weather, reducing consumption on your first few kilometers.
- The EX40's consumption of 19.8 kWh per 100 km is sensitive to driving style. Smooth acceleration and anticipating stops can reduce your per-kilometer charging cost noticeably.
Charge at home whenever possible. The EX40's 400 km range means most drivers rarely need public chargers for daily use. When you do fast charge, the 200 kW peak speed makes sessions efficient. Stick to the 10-80% range for the best balance of speed and cost.
Volvo EX40 in Other Countries
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