Douglas A. Bolduc

Already a supplier to Porsche, Hyundai, Kia and Aston Martin, Rimac Technology's offering will include high-performance battery systems, electric drive units and electronic systems.

The Volvo subsidiary has an even tougher goal for this year: 65,000 sales.

CEO Thomas Ingenlath explained how Polestar's asset-light business model will help the brand to reach break even quickly.

The automaker's Ride Pilot will be available as an add-on subscription on Volvo's forthcoming full-electric flagship SUV, which will go into production later this year at company's U.S. factory.

Few could have predicted that Samuelsson, who spent most of his four-decade-long automotive career at truck makers Scania and MAN, would have so much success leading a premium automaker.

Toyota pulled farther ahead of Skoda for the most top-five finishes in Europe with 25 to the Czech brand's 17 through 11 months. Toyota had 24 top fives after 10 months and the two were tied with 19 each after nine months.

There were few bright spots in November, and the chance of a rebound in the final month of the year was unlikely because of the ongoing chip shortage, which has led to production and logistics problems in the country, according to the  Association of European Businesses.

The light commercial vehicle arms of Renault, VW and Mercedes increased November sales in Turkey by triple- or double-digit percentages. Those gains, however, couldn't stop the overall market from declining by 31 percent.

ZipCharge has created a portable, bi-directional power bank that looks like a piece of wheeled luggage for a weekend getaway.

The two Swedish companies will open a gigafactory in Europe with potential annual capacity of up to 50 gigawatt hours.

The Volvo subsidiary made 400,000 euros in a matter of weeks via a remote performance upgrade to the Polestar 2, underlining why software will determine an auto company's future survival.

Automotive News Europe needs your help to identify the Rising Stars in the European automotive industry. The award honors executives with a pan-European profile who have driven change, fostered innovation and made courageous decisions.

Tesla, Lada, MG, Polestar, Maserati and Smart had triple- or double-digit sales percentage increases in October while 10 other brands including Hyundai, Porsche, Aston Martin, Kia, Rolls-Royce and Ferrari had volume gains in an overall European market that was down by 26 percent.

Toyota pulled ahead of Skoda for the most top-five finishes in Europe with 24 to the Czech brand's 17 through 10 months. That's a big change from nine months when the two brands were tied at 19, according to market researcher JATO Dynamics.

The light commercial vehicle arms of Citroen, Fiat and Volkswagen increased October sales in Turkey by double-digit percentages. Those gains, however, couldn't stop the overall market from declining by 41 percent.