This is the new Volvo XC40 Recharge Plug-in Hybrid T4 - the second PHEV variant to join Volvo’s entry-level SUV line-up. UK orders are open now, with prices starting from £39,130 ($ 51,219) . That figure is for the XC40 Recharge T4 in R-Design trim; the same petrol/electric powertrain is also available in Inscription trim for £ 39,475 ($ 51,670) . A Benefit-in-Kind rating from 12 percent means that both should be an affordable option for company car users. Sitting below the existing XC40 T5 PHEV , the XC40 T4 uses a familiar combination of 1.5-litre, three cylinder petrol engine,a seven-speed automatic gearbox and an electric motor, with drive sent to the front wheels. The electric motor in both XC40 T4 and XC40 T5 versions offes 81bhp, but the weaker petrol engine in the T4 means that the offers a total output of 208bhp, compared to the T5’s 258bhp. The T4 covers the 0-62mph benchmark in 8.5 seconds and, like all new Volvos, it’s limited to a 112mph top speed. A 10.7kWh battery