Volvo Repair Questions? Ask a Mechanic for Answers ASAP
This sounds like an electrical actuator or sensor at fault .Usually when you can cycle the ignition key on / off and then restart the engine and the fault is gone temporarily this indicates that this is an electrical component causing this issue.
This could be a wiring issue as things tend to expand when hot and its possible a poor or partial electrical connection is being pushed apart on one of the major sensors so check the connection plug and wiring to the following;
Crank position sensor
Cam position sensor
Throttle position sensor
unplug each in turn and use some switch / contact cleaner spray on the pins to ensure its all grease / dirt free
Also worth checking the connections to the fuel pump for the same reason - unplug each in turn and give them a good squirt of switch / contact cleaner - Not WD40
and also unplug and inspect the main power relays and fuses for signs of overheating or corroded terminals - so the ones for the ECU and the fuel pump
And also unplug the wiring loom connections in the engine bay one at time and inspect for corroded or recessed pins.
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