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Volvo EX40 vs NIO ET5 Wagon comparison

Compare performance (442 HP vs 490 HP), boot space and price (45,200 £ vs 40,700 £ ) at a glance. Find out which car is the better choice for you – Volvo EX40 or NIO ET5 Wagon?

Volvo EX40 vs NIO ET5 Wagon: Key differences

Volvo EX40

4.5 (3 Reviews)
rate
  • slightly more efficient
  • only slightly more electric range
  • a bit lighter
details

NIO ET5 Wagon

  • somewhat cheaper
  • marginally more power
  • slightly quicker 0–100 km/h
  • barely more trunk space
details

All details on performance, efficiency, range and trunk space can be found in the technical comparison below – including user reviews for both models.

By Achim Sedelmaier

Here’s where it gets real: The technical differences in detail

EX40

Costs and Efficiency:

Price and efficiency are key factors when choosing a car – and this is often where the real differences emerge.

NIO ET5 Wagon is somewhat cheaper – starting at 40,700 £ , while the Volvo EX40 costs 45,200 £ . That’s a price difference of around 4,534 £.

In terms of energy consumption, the Volvo EX40 is slightly more efficient: consuming 16.6 kWh/100km compared to 19.3 kWh/100km for the NIO ET5 Wagon. That’s a difference of about 2.7 kWh/100km.

As for electric range, the Volvo EX40 offers only slightly more range – reaching up to 576 km, about 16 km more than the NIO ET5 Wagon.

ET5 Wagon

Engine and Performance:

Under the bonnet, it becomes clear which model is tuned for sportiness and which one takes the lead when you hit the accelerator.

When it comes to engine power, the NIO ET5 Wagon offers marginally more power – delivering 490 HP compared to 442 HP. That’s roughly 48 HP more horsepower.

When accelerating from 0 to 100 km/h, the NIO ET5 Wagon is slightly quicker – completing the sprint in 4 s, while the Volvo EX40 takes 4.6 s. That’s about 0.6 s quicker.

There’s also a difference in torque: the NIO ET5 Wagon delivers very slightly more torque with 700 Nm compared to 670 Nm. That’s about 30 Nm more.

EX40

Space and Everyday Use:

Cabin size, boot volume and payload all play a role in everyday practicality. Here, comfort and flexibility make the difference.

Both vehicles offer seating for 5 people.

In terms of curb weight, Volvo EX40 is a bit lighter – 2,040 kg compared to 2,265 kg. The difference is around 225 kg.

Looking at boot space, the NIO ET5 Wagon offers barely more boot space – 450 L compared to 410 L. That’s a difference of about 40 L.

When it comes to payload, the Volvo EX40 carries very slightly more – 480 kg compared to 465 kg. That’s a difference of about 15 kg.

Who wins the race in the data check?

The NIO ET5 Wagon is slightly ahead in the objective data comparison.
This result only shows which model scores more points on paper – not which of the two cars feels right for you.

from £40,700
ET5 Wagon

NIO ET5 Wagon

  • Engine Type Electric
  • Transmission Automatic
  • Drive Type All-Wheel Drive
  • Power HP 490 HP
  • Consumption kWh/100km 19.3 - 19.8 kWh/100km
  • Electric Range 435 - 560 km
details

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Costs and Consumption
View detailed analysis

Engine and Performance
View detailed analysis

Dimensions and Body
View detailed analysis

Volvo EX40

The Volvo EX40 is a compact electric SUV that blends Scandinavian minimalism with a comfortable, high-quality interior suited to daily driving and longer trips. It prioritizes safety and intuitive technology, delivering a calm, refined experience that feels mature and easy to live with.

details
311247_XC40_Recharge
311246_XC40_Recharge
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Reviews Volvo EX40

4.5 (3 Reviews)
rate
Marco
24 Jun 2026, 10:14:05

I find them to be two models that aren't comparable,
the Model Y is much longer and wider.
I would choose the Model Y if it were within 4.50 meters in length.

How do you mainly use this car? (optional): Family car
Efficiency / Consumption & Range
Comfort & Interior
Driving Fun / Performance
Technology & Infotainment
Safety
Practicality / Trunk & Everyday Use
Value for Money
Bent
16 May 2026, 19:14:01

Stable car and generally good build quality — but I hate the Google and infotainment systems, which both seem designed to irritate the user as much as possible.
I'm looking at a Toyota B4ZX AWD when the lease on my EX40 expires. I need to be able to tow 1,500 kg, but without going broke.

How do you mainly use this car? (optional): Family car
Efficiency / Consumption & Range
Comfort & Interior
Driving Fun / Performance
Technology & Infotainment
Safety
Practicality / Trunk & Everyday Use
Value for Money

NIO ET5 Wagon

The NIO ET5 Wagon blends sleek fastback styling with the sensible practicality of a wagon, delivering a premium-feeling cabin and clever cargo space that keeps life neatly packed. For buyers who want electric refinement without sacrificing family-hauler utility, the ET5 Wagon offers quiet, eager performance and smart packaging that makes weekend escapes and daily commutes equally enjoyable — yes, even with the dog and the golf clubs.

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Reviews NIO ET5 Wagon

No reviews yet. Share your experience and help others decide.

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NIO ET5 Wagon

Costs and Consumption
Price
45,200 - 56,000 £
Price
40,700 - 58,700 £
Consumption L/100km
-
Consumption L/100km
-
Consumption kWh/100km
16.6 - 17.6 kWh/100km
Consumption kWh/100km
19.3 - 19.8 kWh/100km
Electric Range
477 - 576 km
Electric Range
435 - 560 km
Battery Capacity
-
Battery Capacity
73.5 - 90 kWh
co2
0 g/km
co2
0 g/km
Fuel tank capacity
-
Fuel tank capacity
-

Dimensions and Body
Body Type
SUV
Body Type
Estate
Seats
5
Seats
5
Doors
-
Doors
5
Curb weight
2,040 - 2,170 kg
Curb weight
2,265 - 2,285 kg
Trunk capacity
410 L
Trunk capacity
450 L
Length
-
Length
4,790 mm
Width
1,863 mm
Width
1,960 mm
Height
-
Height
1,499 mm
Max trunk capacity
-
Max trunk capacity
1,300 L
Payload
430 - 480 kg
Payload
445 - 465 kg

Engine and Performance
Engine Type
Electric
Engine Type
Electric
Transmission
Automatic
Transmission
Automatic
Transmission Detail
Reduction Gearbox
Transmission Detail
Reduction Gearbox
Drive Type
Rear-Wheel Drive, All-Wheel Drive
Drive Type
All-Wheel Drive
Power HP
238 - 442 HP
Power HP
490 HP
Acceleration 0-100km/h
4.6 - 7.3 s
Acceleration 0-100km/h
4 s
Max Speed
-
Max Speed
200 km/h
Torque
420 - 670 Nm
Torque
700 Nm
Number of Cylinders
-
Number of Cylinders
-
Power kW
175 - 325 kW
Power kW
360 kW
Engine capacity
-
Engine capacity
-

General
Model Year
2,024 - 2,026
Model Year
2023
CO2 Efficiency Class
A
CO2 Efficiency Class
A
Brand
Volvo
Brand
NIO
What drivetrain options does the Volvo EX40 have?

The Volvo EX40 is available as Rear-Wheel Drive or All-Wheel Drive.

DriveDuel uses data analysis and artificial intelligence to evaluate vehicle data and create content. Content is regularly reviewed and improved. The displayed prices are estimates based on German list prices, adjusted to the respective country’s VAT. Country-specific registration taxes are not included. This information is not legally binding.