Hyperdrive
Volvo Recalls All Fully Electric EX30 Cars on Software Glitch
The touchscreen console inside the new Volvo Car AB EX30 all-electric sports utility vehicle.
Photographer: Francesca Volpi/BloombergThis article is for subscribers only.
Volvo Car AB is recalling all of the almost 72,000 units it’s made of its new flagship model — the fully electric EX30 — due to a software issue.
The automaker’s shares slumped as much as 3.5% in early trading in Stockholm on news the vehicles may have an error in their center screen that causes the speedometer to go into test mode when the car starts. To fix the glitch, an over-the-air software update is required, Volvo said in a statement Monday.