2023 Volvo XC40 B5 Ultimate Mild Hybrid Lands – From RM268,888

Volvo Car Malaysia sees its line-up refreshed with the addition of the face-lifted 2023 Volvo XC40 B5 Ultimate model into said range. This variant of the compact crossover SUV, which packs a mild hybrid powertrain, also sports a number of minor updates for both its aesthetics and on-board features.
Under the hood, the XC40 B5 harnesses a 2.0-litre turbocharged 4-cyl petrol mill delivering 263 HP and 390 NM. Said outputs are managed by an 8-speed Geartronic automatic transmission plus an all-wheel-drive (AWD) system, thus allowing for a respectable 0-100 KM/H sprint time of 6.4 seconds.
The mild hybrid element stems from the advanced kinetic energy recovery braking system – a la Formula 1-styled KERS – that the powertrain works in tandem with. This, in turn, grants this compact crossover SUV with the frugal ability to sip just 7.7 litres/100 KM on average plus lower CO2 emissions figure of 176 g/KM too.

New 'Fjord Blue' paint option is now offered in the refreshed Volvo XC40 B5 Ultimate.
As seen when first released globally this year, the face-lifted XC40 sees a mild nip-tuck with its exterior styling. Much of which centres around the front fascia where it now sports triangular headlights plus a sportier bumper with sharper contours and triangular foglamps surrounds. Wheels, on the other hand, come in the form of 19-inch units with a five-Y-spoke design motif.




For the Malaysian-spec XC40 B5 Ultimate, Volvo Car Malaysia have also readied a new ‘Fjord Blue’ exterior paint option. This comes on top of four other hues available, those being Black Stone, Crystal White, Silver Dawn and Thunder Grey.

Note: Face-lifted 2023 Volvo XC40 Recharge variant cabin featured.
On board, there aren’t any aesthetic revisions to note, with Volvo choosing to update some key kit instead. Leading the latter’s bill is a new Android-based infotainment system primed with built-in Google services, which is paired with a new Harman Kardon premium hi-fi audio setup plus a 360-degree surround view camera function too. Additionally, there’s now a PM2.5-rated Remote Air Purifier present too.
As for price, the face-lifted Volvo XC40 B5 Ultimate mild hybrid crossover SUV is tagged at RM268,888 sans insurance. Orders for the refreshed 2023 Volvo XC40 B5 Ultimate mild hybrid can now be placed both through authorised dealers and online via Volvo Car Malaysia’s official website, volvocars.com/my/build/xc40.
Lastly, for a limited time only, Volvo Car Malaysia will include an exclusive 5-year Free Service (VSA 5) package for all Volvo vehicles registered before Dec 31, 2022.
Gallery
Written By
Thoriq Azmi
Former DJ turned driver, rider and story-teller. I drive, I ride, and I string words together about it all. [#FuelledByThoriq] IG: https://www.instagram.com/fuelledbythoriq/
JPJ Running Numbers
KUALA LUMPUR
VRT9073
SELANGOR
BSU4086
JOHOR
JF6941J
PULAU PINANG
PSG4245
PERAK
APM2413
PAHANG
CFJ1132
KEDAH
KGJ4650
NEGERI SEMBILAN
NEM2780
KOTA KINABALU
SJU5480
KUCHING
QAB7531P
Last updated 14 Oct, 2026
Fuel Price
Petrol
RON 95
RM 3.97
+1.38
RON 97
RM 4.90
+1.75
RON 100
RM 7.20
+2.20
VPR
RM 8.23
+2.00
Diesel
EURO 5 B10
RM 5.12
+2.08
EURO 5 B7
RM 5.32
+2.08
Last updated 30 Apr, 2026
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