Volvo recalls 40,300 EX30 electric cars over fire risk

The recall applies to both the “Single-motor extended range” and “Twin-motor performance” versions, the automaker says.

There are no cars in Sweden covered by the recall, but the recall applies in other markets around the world. The only European market affected is the UK, Volvo Cars press manager Magnus Holst told TT.

Volvo Cars shares have been falling since the news became known.