The Thule OutWay Trunk Bike Rack for 3 Bikes # TH56BV you're looking at is actually not going to work with your Volvo XC40 Recharge, unfortunately.
However thanks to your submitted pictures I was able to spot that your vehicle has a set of crossbars installed which means you could use something like the Inno Tire Hold II Roof Bike Rack # INA389 instead.
This bike rack would be mounted to the roof of your Volvo via the crossbars, and has a maximum weight capacity of 50-lbs. I took a look... view full answer...
Yes, there is! It is the Draw-Tite item # 76245. This is the only hitch confirmed to fit the 2023 Volvo XC40 Recharge. It is a class III hitch with a 2" receiver. I really like this hitch because the crosstube mounts behind your rear bumper cover leaving only the 2" receiver visible right below your bumper. This not only looks better but also helps with ground clearance.
I have linked an installation video below to help you get it set up.
If you are planning on towing you will also need... view full answer...
Yes, there is one hitch available for the 2022 Volvo XC40 Recharge. It is the Draw-Tite item # 76245. This hitch is custom fit and bolts to your Volvo with included hardware. This is a class III hitch with a 2" receiver.
I have linked an installation video below to help you get it set up. view full answer...
It looks like there is a positive terminal connection near the fuse box under the hood of your 2022 Volvo XC40 Recharge that you would use for a jump start situation. Since that should have sufficient 12V power when your vehicle is turned on that's where I recommend running the 12V power wire to when installing the T-One Vehicle Wiring Harness # 118792. view full answer...
The Draw-Tite Trailer Hitch Receiver # 76245 is a verified fit for the 2022 Volvo XC40 Recharge. The hitch would provide an excellent mounting point for your bike rack. view full answer...