|Bid||23.38 x 800|
|Ask||23.50 x 1100|
|Day's range||22.98 - 23.60|
|52-week range||3.92 - 23.60|
|Beta (5Y monthly)||2.17|
|PE ratio (TTM)||12.07|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||14 Jul 2016|
|1y target est||8.20|
Volvo's entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of automakers planning to phase out fossil-fuel engines by the end of this decade. "I am totally convinced there will be no customers who really want to stay with a petrol engine," Volvo Chief Executive Håkan Samuelsson told reporters when asked about future demand for electric vehicles. "We are convinced that an electric car is more attractive for customers."
Jaguar Land Rover said on Wednesday it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire lineup will be launched by 2030. "The full review of the Jaguar Land Rover organisation is already underway," the company said in an emailed statement. JLR, owned by India's Tata Motors, said earlier that its Land Rover brand will launch six fully electric models over the next five years, with the first in 2024.
Ford Motor Co on Wednesday said its car lineup in Europe will be all-electric by 2030 as the U.S. automaker races to get ahead of CO2 emissions targets and looming bans in some countries on fossil fuel vehicles. The carmaker said it will invest $1 billion over the next 30 months to convert its vehicle assembly plant in Cologne, Germany, to become the U.S. automaker's first electric vehicle facility in Europe. "This reinforces our commitment to the European region," Stuart Rowley, head of Ford's European operations, said during a news conference.