
Refreshed: 6/21/17 6:39 am ET - includes subtle elements
Volvo will challenge Tesla Motors and BMW's i subbrand by transforming its Polestar unit into a worldwide remain solitary brand for elite zapped models.
"With Polestar, we can offer charged autos to the world's most requesting, dynamic drivers in all market fragments," Volvo CEO Hakan Samuelsson said in an announcement on Wednesday.
"Polestar will be a trustworthy rival in the developing worldwide market for elite zapped autos."
The Swedish automaker has picked outline boss Thomas Ingenlath to be CEO at Polestar, which beforehand...