Sunday, April 6, 2025

Volvo confirms absurdly expensive mistakes in brand new electric cars

Chinese Volvo's new electric cars are so full of errors that the brand is refunding money to customers. And now the absurdly expensive computers in the cars must be replaced, confirms the director.

Chinese Volvo is immediately buying back cars from disappointed customers. Other customers keep the cars, but do not have to hand them over either.

The car brand's director, Jim Rowan, confirms what Volvo has not previously wanted to comment on. Namely that the development of the brand new EX90 in particular has taken so long that the technology in the car is already outdated.

Carup writes this on the basis of a fashion that Volvo has maintained with its investors. Here the car brand said that it is true enough that the processor in the car must be replaced.

The development of the car, which has been going on for five years, has taken so long that the technology developed by the tech giant Nvidia is already too old.

READ ALSO: This is where the price of petrol plummets – Danes are in long queues

It has, among other things, means that Volvo cannot deliver the new EX90 with a whole range of the functions that customers have otherwise been promised. Among other things. missing everything from the lidar sensor to Apple CarPlay.

According to Carup, the maneuver will cost Volvo billions of kroner. The news thus overshadows Volvo's other news, that it has a profit of 5.5 billion Danish kroner after the first quarter in 2024.

– Yes, we will upgrade the EX90, of course all the way through. If it is something that we feel gives the customer an advantage, we believe it is our responsibility to do it.

– Some of it will be software, some of it will be hardware. After the launch of the car, we will collect data.

– We will look at the best ways to deliver software updates directly. However, there may also be cases where the cars need to be repaired. Volvo Cars will naturally cover these costs, says the director.

However, Jim Rowan doesn't think customers will be disappointed, although the EX90 isn't the only new Volvo to be riddled with faults.

– I'm sure. I'm singing in the car right now. It's a fantastic car. But of course I am biased. So we'll wait and see what the reviews say about the car in a few months.

Read more exciting news from and about the world of cars right here

Latest

Don't miss

The hyped electric car has lost over 50 percent of its value

Rimac Nevera has set several world records. And all...

BMW to launch 40 new cars in the next 3 years

At BMW in Munich, employees are getting busy, if...

Volvo in new downturn – has never been worth less

The change of leadership at Volvo has been costly....

Volvo fires director – gets 31,000 kroner a day

Volvo Cars has decided to fire its CEO. Jim...

Car giant faces loss of 75 percent of profits

Stellantis, the world's fourth largest car group, risks losing...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Formula 1 team in trouble – forced to sell

Formula 1 team Aston Martin needs money. But so does the car brand. That is now triggering a partial sale of the business. Lawrence...

Michael Schumacher's perhaps most famous Ferrari is up for sale

Since Michael Schumacher's horrific skiing accident back in 2013, a good portion of the star's collection has been sold. Now his winning car from...

Left the electric car for 6 months – this is what happened

Cars never benefit from being idle for long periods of time. Electric cars are no exception. After 6 months, even Tesla doesn't know what...

McLaren ready to drop special status in the automotive industry

Under director Nick Collins, McLaren will transform itself. With capital from Abu Dhabi, the brand will become a broader luxury brand with more car...

Unexpected method forces drivers to drive slowly

It looks so strange that the authorities have had to assure that it's not an April Fool's joke with the twisted stripes on the...

Volvo receives criticism: Diesel ban may have cost 70 percent

Aktiespararna questions Volvo's focus on electric cars after another major share price drop. Was the decision to drop diesel cars premature in light of...

Ford recalls over 4,000 flammable gasoline vehicles

Ford is now recalling over 4,000 gasoline cars because they are equipped with the brand's 3.5-liter EcoBoost V6 engine, which is flammable. Ford is...

Desperate Audi? Selling Le Mans car with V12 diesel engine

Audi is short of money. And now they are trying to make their motorsport division, Audi Sport, pay the price by selling off legendary...

Volvo flees to the US – could lay off thousands of employees

Volvo is now moving larger parts of its production to the US due to fears of the country's new tariffs. But it will take...

4,500 employees to be laid off – car brands stop production

The car group Stellantis is halting production at a number of factories in both Canada and Mexico. This means that 4,500 people will be...

Nobody wants a new Volvo – has sold 33 cars

Volvo's biggest car ever is also the biggest disappointment for the car brand in a very long time. Only 33 new LM90s were produced...

Wants to go to Denmark – crisis-stricken car brand fires director

The low-cost brand Onvo, which is aiming for a European and thus Danish launch, is doing so poorly at home in China that the...