|Bid||0.00 x 124500|
|Ask||0.00 x 73800|
|Day's Range||67.23 - 68.25|
|52 Week Range||50.83 - 73.23|
|PE Ratio (TTM)||7.33|
|Dividend & Yield||3.47 (4.56%)|
|1y Target Est||N/A|
Germany and its auto industry must invest heavily to ensure it is not left behind by the shift to electric cars, Chancellor Angela Merkel said on Monday as she laid a foundation stone for a new battery factory for Daimler unit Accumotive. "We need long-term horizons and companies that invest in the future," Merkel said at the site in the eastern German town of Kamenz. While Germany's automakers are ramping up production of electric cars, most batteries they use are made in Asia, prompting fears that Germany could lose its leadership in the core car technology of the future.
Silicon Valley is fast disrupting the future of cars, forcing established groups to invest in technology to make their vehicles electric, connected to the internet, and equipped with self-driving sensors ...
Battery-making gigafactories are about to arrive in Europe, challenging a lead Tesla Inc. is building at a plant in Nevada and opening the way for a quicker shift toward green power for both cars and utilities....