Sou Hu Cai Jing·2026-01-14 07:25Group 1 - Volvo Cars is recalling its EX30 electric vehicles due to potential thermal runaway risks associated with the battery packs [2][3] - The battery cells in question are not supplied by the battery manufacturer, Sunwoda, but are produced by a joint venture between Geely and Sunwoda, where Sunwoda holds a 30% stake [1][2] - Prior to the recall, the electric vehicle technology company, Weirui, which is owned by Geely and Zeekr, had sued Sunwoda for 2.314 billion yuan over defective batteries supplied to Zeekr vehicles [2][3] Group 2 - Sunwoda reported a total revenue of 43.534 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 13.73%, and a net profit attributable to shareholders of 1.405 billion yuan, up 15.94% year-on-year [3] - In the first eleven months of 2025, Sunwoda's domestic power battery installation volume reached 21.8 GWh, capturing a market share of 3.25%, ranking sixth in the industry [3]