There is an EX40, that's the EV model. But the XC40 still continues to be sold:

https://www.volvocars.com/uk/cars/xc40/

The wikipedia link literally quotes:

> In 2024, Volvo renamed the battery electric XC40 to the Volvo EX40, aligning it with newer battery electric models such as the EX30 and the EX90.

Which makes me think Volvo sold their cars with the old name but other engine options, electric being one of them. They split "XC40" into "XC40 (ICE)" and "EX40 (BEV)".