Polestar offers a $1,195 software upgrade to boost power output and acceleration on electric fastback.
The event honored those who made significant contributions to the industry in a challenging year.
S-class sedan features performance hybrid technology from Formula 1 with an AMG 4.0-liter V-8 Biturbo engine at the front and a 188 hp electric motor at the rear axle.
CEO Jim Rowan expects Volvo's forthcoming affordable EV to help it boost global sales to 1.2 million, with half of that volume being full electric and half being sold online.
In addtion to new EV tools, proper safety training for technicians and other service department staff who may come in contact with the vehicle — from parts runners to porters — is essential.