|Bid||5.69 x 170000|
|Ask||5.75 x 170000|
|Day's Range||5.66 - 5.69|
|52 Week Range||3.74 - 8.61|
|Beta (5Y Monthly)||1.32|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 29, 2020|
|1y Target Est||N/A|
Tesla's lead in electric vehicle technologies has other automakers making desperate moves to catch up.
Volvo Cars, owned by China's Geely Holding, said on Thursday it had established a new framework to help it fund its electrification strategy and climate plan. The Sweden-based car maker said the framework would pave the way for its first green bond, aimed at supporting development of new electric car models and increasing production capacity for batteries as well as electric vehicles. Funds raised under the framework will be earmarked for climate-related projects, Volvo said, adding it would provide improved transparency for investors.
New products and new alliances could help the automaker get past a decade of disappointing results