Volvo issues major recall of 40,000 EVs over battery fire risk

• Volvo is recalling over 40,000 of its flagship EX30 electric SUVs due to a risk of their battery packs overheating.
• The recall affects 40,323 EX30 Single-Motor Extended Range and Twin-Motor Performance models, potentially damaging Volvo's reputation for safety.
• This issue is particularly sensitive as the EX30 is crucial to Volvo's strategy for competing with more affordable Chinese brands.
• Volvo, majority-owned by China's Geely, confirmed the recall, stating the batteries were supplied by a Geely-backed joint venture which has since fixed the problem.
• Owners are being contacted and advised to limit charging to 70% to eliminate fire risk, with replacement battery modules to be provided free of charge.

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Volvo to recall thousands of popular EV model over battery fire risk