Volvo Issues Recall for 40,000 EX30 SUVs Due to Potential Battery Fire Hazard

Volvo Cars is recalling over 40,000 of its flagship electric EX30 SUVs due to concerns about battery packs overheating and potentially catching fire.

This recall specifically targets the replacement of modules in the high-voltage battery packs of the EX30, which is a pivotal model for Volvo as it seeks to compete with more affordable Chinese brands. The news was initially reported by Reuters.

The recall affects a total of 40,323 vehicles from the model years 2024 to 2026, including both the Single-Motor Extended Range and Twin-Motor Performance variants. Volvo, a Swedish automaker that is primarily owned by China’s Geely, is taking this issue seriously.

VOLVO RECALLS MORE THAN 450,000 VEHICLES OVER BACKUP CAMERA ISSUE

Over 40,000 Volvo Car EX30 all-electric SUVs will be recalled by Volvo due to a battery fire risk. (Francesca Volpi/Bloomberg via Getty Images)

Volvo has announced that it will replace the affected battery units at no cost to the owners. In the meantime, the company advises owners to limit their charging to 70% until repairs can be made to mitigate the fire risk.

“Our investigations have identified that in very rare cases, the affected vehicles can overheat when charged to a high level. In a worst-case scenario, this could lead to a fire starting in the battery,” Volvo stated in a communication to FOX Business.

In total, 40,323 cars are impacted globally, with 189 identified in the U.S. that will be inspected and repaired if necessary.

VOLVO REVERSES GOAL TO MAKE ONLY EVS IN 2030

Volvo said that car owners will get their EX30 electric SUV batteries repaired free of charge. (Claudia Greco/Reuters)

In December, Volvo informed EX30 owners across more than a dozen countries—including the U.S., Australia, and Brazil—to park their vehicles away from buildings and limit charging to 70%, as noted in regulatory filings and company communications.

The financial implications for Volvo could be significant, with a Reuters analysis estimating the cost of replacing the battery packs at around $195 million, not including logistics and repair expenses. However, Volvo has described these calculations as “speculative in nature” and is currently in discussions with the supplier.

Volvo is working towards deeper integration with its parent company, Geely, while the batteries in question were produced by a Geely-backed joint venture, Shandong Geely Sunwoda Power Battery Co. The automaker has indicated that the supplier has resolved the issue and will provide new battery cells.

NISSAN RECALLS OVER 640,000 VEHICLES FOR ENGINE AND GEAR ISSUES

Volvo said it’s working with the supplier to address the issue. (Yves Herman/File Photo)

According to Andy Palmer, an auto industry veteran who played a key role in launching Nissan Motor’s Leaf EV in 2010, Volvo has less margin for error compared to its competitors. This is largely due to its safety reputation, which is integral to its brand identity.

“Volvo can’t afford a safety issue because that strikes at the heart of their brand,” Palmer emphasized.

Volvo is actively reaching out to owners of the affected vehicles to inform them about the next steps in the recall process.

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Reuters contributed to this report.

Volvo Cars is recalling over 40,000 of its flagship electric EX30 SUVs due to concerns about battery packs overheating and potentially catching fire.

This recall specifically targets the replacement of modules in the high-voltage battery packs of the EX30, which is a pivotal model for Volvo as it seeks to compete with more affordable Chinese brands. The news was initially reported by Reuters.

The recall affects a total of 40,323 vehicles from the model years 2024 to 2026, including both the Single-Motor Extended Range and Twin-Motor Performance variants. Volvo, a Swedish automaker that is primarily owned by China’s Geely, is taking this issue seriously.

VOLVO RECALLS MORE THAN 450,000 VEHICLES OVER BACKUP CAMERA ISSUE

Over 40,000 Volvo Car EX30 all-electric SUVs will be recalled by Volvo due to a battery fire risk. (Francesca Volpi/Bloomberg via Getty Images)

Volvo has announced that it will replace the affected battery units at no cost to the owners. In the meantime, the company advises owners to limit their charging to 70% until repairs can be made to mitigate the fire risk.

“Our investigations have identified that in very rare cases, the affected vehicles can overheat when charged to a high level. In a worst-case scenario, this could lead to a fire starting in the battery,” Volvo stated in a communication to FOX Business.

In total, 40,323 cars are impacted globally, with 189 identified in the U.S. that will be inspected and repaired if necessary.

VOLVO REVERSES GOAL TO MAKE ONLY EVS IN 2030

Volvo said that car owners will get their EX30 electric SUV batteries repaired free of charge. (Claudia Greco/Reuters)

In December, Volvo informed EX30 owners across more than a dozen countries—including the U.S., Australia, and Brazil—to park their vehicles away from buildings and limit charging to 70%, as noted in regulatory filings and company communications.

The financial implications for Volvo could be significant, with a Reuters analysis estimating the cost of replacing the battery packs at around $195 million, not including logistics and repair expenses. However, Volvo has described these calculations as “speculative in nature” and is currently in discussions with the supplier.

Volvo is working towards deeper integration with its parent company, Geely, while the batteries in question were produced by a Geely-backed joint venture, Shandong Geely Sunwoda Power Battery Co. The automaker has indicated that the supplier has resolved the issue and will provide new battery cells.

NISSAN RECALLS OVER 640,000 VEHICLES FOR ENGINE AND GEAR ISSUES

Volvo said it’s working with the supplier to address the issue. (Yves Herman/File Photo)

According to Andy Palmer, an auto industry veteran who played a key role in launching Nissan Motor’s Leaf EV in 2010, Volvo has less margin for error compared to its competitors. This is largely due to its safety reputation, which is integral to its brand identity.

“Volvo can’t afford a safety issue because that strikes at the heart of their brand,” Palmer emphasized.

Volvo is actively reaching out to owners of the affected vehicles to inform them about the next steps in the recall process.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Reuters contributed to this report.