Exclusive: Volvo Cars to recall 40,000 electric SUVs over battery fire risk

Source: Reuters (via feed)

Volvo Cars announced a recall of more than 40,000 electric EX30 SUVs due to a risk of battery overheating. The company informed Reuters on Monday that the battery packs in these vehicles could potentially catch fire. This recall affects its flagship electric SUV model. Volvo did not disclose the estimated cost of the recall. However, the move may impact the company’s reputation for safety. The recall highlights concerns about safety in electric vehicle battery technology. Volvo is taking steps to address the issue and manage potential risks. The process will involve inspecting and replacing or repairing battery packs as needed. Meanwhile, owners of the affected EX30 SUVs will be contacted by Volvo for further instructions. The company aims to limit any disruptions to its customers. This recall comes amid growing attention to electric vehicle safety worldwide.

BizTrendWire Insight:

Recalls of electric vehicles related to battery safety directly affect manufacturing costs and consumer confidence in emerging green technologies.


Read full story on Reuters

More From Author

At least 25 soldiers dead in attacks after raid on Mexico’s most wanted cartel leader

Factory orders chilled in December

Leave a Reply

Your email address will not be published. Required fields are marked *