It all depends where(at what cadence) in the power band you have that torque avaliable.
If comparing electric motors to car engines you can say a higer voltage ebike motor is just like a higher displacement car engine.
What does that mean, higer displacement usually has the torque spread out over a wider rpm range, it's a bit different but comparable for the electric motor, there is also the factor of internal gearing setup and your own cadence(rpm) that affect the end result on an ebike.
Overall a 48V system motor usually has a smoother, calmer feel in operation, someone has tried the Levo gen 4 motor or a different 48V system they will know what I mean.