Submodel
Plus 70 kWh(A)
$290,000
5.34km/kWh โข 235bhp โข Single-speed (A)
Current price
$290,000
Price Decreased by $ 3,000 on 09 Apr 2026
View full price history
View full price history
Depreciation
$28,900 /yr
Downpayment
$116,000 (Maximum 60% loan)
Instalment
$2,504 /mth
COEย quota premium
$121,000 (Category B COE)
Road tax
$1,941 /yr
OMV
$40,581
ARF
$19,104 (After VES & EEAI rebates)
VES
$22,500 (Rebate)
EEAI
$7,500 (Rebate)
Total basic cost
$193,400
Premium
50%
Previous recorded price
$293,000
Highest recorded price
$293,000 (Past 6 mths)
Lowest recorded price
$266,000 (Past 6 mths)
Editorial Reviews
What we like
Adaptive Pedal Response works well
Easy and effortless pace
Comfortable and easy-to-drive
Approachable EV
What we donโt like
Starting to feel its age
Doesn't get the maximum benefits of a dedicated EV platform
Consumer Reviews
4.5
Excellent | 2 User Reviews
Great Driving Experience with Room for Feature Upgrades
I switched to my new Volvo EX40 in November 2024 and it... Read More
An Elegant EV
I"Ve owned this car for 6 months. Despite it not being a new or dedicated EV platform, this car has its strengths.
1) Android Automotive OS. Gets regular OTA updates (a rarity on most other EVs from legacy brands), which means you don't have to keep connecting your phone via Android Auto or Carplay. This saves your phone battery. The OTA updates bring small but meaningful software improvements. That said, sometimes the system may be a bit buggy. You also get built in route planning with charger stops and % estimated charge at each destination. Besides Tesla, most other EVs in the Spore market don't offer this.
2) Ride. Nice steering feel, effective one pedal drive option, good comfort and NVH levels. The adaptive cruise control works well and the built in safety systems aren't intrusive/annoying. Power and torque are more than adequate for most folks.
3) Efficiency is ok. I get about 15kWh/100km for local driving.
4) Backseat room is not bad, but the presence of the middle hump is suboptimal compared to the flat floor some other EVs offer. A retractable roof shade is built in, which is important for our hot and sunny weather.
If you discuss with the sales executives, you can probably get a decent discount on the price of the car, which makes it much more attractive and competitive compared to non-premium car brands e.G. BYD, Tesla, Hyundai and a bit of a steal compared to traditional premium brands e.G. Audi, BMW, Merc.
Overall, I'm happy with the car, but excited to see what the next generation EX40 can bring with the SPA3 platform in a few years time.... Read More
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