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Volvo recalls all fully electric EX30 cars on software glitch

The steering wheel and central touchscreen console inside the new Volvo Car AB EX30 all-electric sports utility vehicle (SUV) during its reveal event in Milan, Italy, on Wednesday, June 7, 2023. Photo: Francesca Volpi/Bloomberg
Bloomberg
Rafaela Lindeberg(c) 2024 , Bloomberg

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.…