Polestar 4 vs Volvo EX40Which is cheaper to run?
Over 5 years the Volvo EX40 Ultra Single Motor works out about $5,067 cheaper to own than the Polestar 4 Long Range Single Motor, counting price, charging, servicing and tyres. Charging mostly at home in NSW and driving 250 km a week costs about $16.60 a week for the Polestar 4 Long Range Single Motor and $15.00 for the Volvo EX40 Ultra Single Motor. The Polestar 4 Long Range Single Motor goes further on a charge: 610 km claimed versus 412 km.
Side by side
Comparing the Polestar 4 Long Range Single Motor and Volvo EX40 Ultra Single Motor. Better figure in green. Charging assumes 250 km a week, 90% at home.
| Polestar 4 Long Range Single Motor | Volvo EX40 Ultra Single Motor | |
|---|---|---|
| Price | $73,900+ on-roads | $69,990+ on-roads (estimate) |
| Claimed range | 610 km | 412 km |
| Battery | 94 kWh | 66 kWh |
| Energy use | 17.7 kWh/100 km | 16.0 kWh/100 km |
| Length | 4.84 m | 4.44 m |
| Charging per week (NSW) | $16.60 | $15.00 |
| Servicing per year | $350 | $350 |
| Tyres per year | $631 | $483 |
| Home charger (one-off) | $2,000 | $2,000 |
| Full charge at home | 13 hours | 9 hours |
| Max fast charge | 200 kW | 136 kW |
| Warranty | 5 yrs / unlimited km | 5 yrs / unlimited km |
| 5-year cost to own | $89,123 | $84,055 |
What do "on the road" and "cost to own" mean?
Before on-road costs (+ on-roads): the car's list price only. You pay extra government charges and dealer fees on top when you buy.
On-road costs: stamp duty, first year's registration, compulsory third party (CTP) insurance, number plates and the dealer's delivery fee. They usually add $3,000–6,000 depending on the car and your state. Where a price is "before on-roads" we add about $4,000. See stamp duty and rego by state.
Drive-away: a price that already includes the on-road costs, so it's what you actually pay to drive the car home.
On the road price: the drive-away price, or the list price plus our on-road estimate.
Cost to own: everything you'd spend over the years you keep the car (5 unless you change it): the on the road price, plus a home wall charger for EVs (about $2,000, one-off), plus charging or fuel, scheduled servicing and tyres for every year. Divide it by the number of weeks to see what the car really costs you each week.
Not included: yearly rego renewals and insurance after the first year (see what EVs and hybrids cost to insure), finance interest, and what the car is worth when you sell it. These vary too much by person and car to estimate fairly, and resale value is the biggest unknown, especially for newer brands.
Weekly charging cost by state
250 km a week, mostly charged at home, on each state's 2026–27 default electricity rate.
| State | Polestar 4 | Volvo EX40 |
|---|---|---|
| NSW | $16.60 | $15.00 |
| Victoria | $14.41 | $13.02 |
| Queensland | $14.25 | $12.88 |
| South Australia | $19.78 | $17.88 |
| WA | $16.36 | $14.79 |
| Tasmania | $12.97 | $11.73 |
| ACT | $17.83 | $16.12 |
| NT | $15.08 | $13.64 |
Common questions
Is the Polestar 4 or Volvo EX40 cheaper to own?
The Volvo EX40 Ultra Single Motor is about $5,067 cheaper to own over 5 years. This counts the price, charging mostly at home, scheduled servicing and tyres, driving 250 km a week in NSW.
Which is cheaper to charge, the Polestar 4 or Volvo EX40?
In NSW, charging mostly at home, the Polestar 4 Long Range Single Motor costs about $16.60 a week and the Volvo EX40 Ultra Single Motor about $15.00 for 250 km of driving.
Which has more range, the Polestar 4 or Volvo EX40?
The Polestar 4 Long Range Single Motor has a claimed range of 610 km, versus 412 km. Expect less at highway speeds.
Which is bigger, the Polestar 4 or Volvo EX40?
The Polestar 4 is 4.84 m long and the Volvo EX40 is 4.44 m long.
More comparisons
Polestar 4
How we work it out, and our sources
Weekly cost = the car's energy use × 250 km × your electricity or fuel price, with 90% of charging at home. Prices are list prices at October 2026; check with the dealer.
- Electricity: 2026–27 default rates (AER, Victorian Default Offer, state retailers). Public charging: Sydney network prices, July 2026.
- Petrol and diesel: ACCC capital-city averages, 21 October 2026.
- Cars: maker figures via CarExpert, Drive, CarsGuide and EV Central. Plug-in electric range is taken as 80% of the claim.
- Servicing: published capped prices; marked as an estimate where not yet published (CarExpert comparison).
- Tyres: an EV set lasts about 35,000 km, a petrol or hybrid set 50,000 km (RACV); prices from Gridly.
- Home charger: about $2,000 installed ($1,000–$3,000). Novated leases: PwC summary.
Printed from EV Pick · evpick.com.au. Prices and costs are estimates; check with the dealer. © 2026 EV Pick (T. Crouch). For personal use only; not to be copied, republished or sold without permission.