Volvo’s smallest SUV, the XC40, is revised for 2023 with a revamped design and new powertrain. The previous T4 and T5 engine options are replaced by the B4 and B5 models, both of which feature a turbocharged 2.0-liter inline-four with a 48-volt mild hybrid system. We tested the more powerful B5 in its top Ultimate trim level.
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