Previous Close | 219.00 |
Open | 217.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 211.00 - 217.46 |
52 Week Range | 152.26 - 250.65 |
Volume | |
Avg. Volume | 298 |
Market Cap | 87.164B |
Beta (5Y Monthly) | 1.14 |
PE Ratio (TTM) | 12.25 |
EPS (TTM) | 17.22 |
Earnings Date | N/A |
Forward Dividend & Yield | 12.16 (5.76%) |
Ex-Dividend Date | May 05, 2023 |
1y Target Est | N/A |
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric. And now those battery packs are piling up in scrapyards in some countries, a previously unreported and expensive gap in what was supposed to be a "circular economy." Battery packs can cost tens of thousands of dollars and represent up to 50% of an EV's price tag, often making it uneconomical to replace them.
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric. And now those battery packs are piling up in scrapyards in some countries, a previously unreported and expensive gap in what was supposed to be a "circular economy." Battery packs can cost tens of thousands of dollars and represent up to 50% of an EV's price tag, often making it uneconomical to replace them.
Germany's Allianz said that authorities were "well equipped" to deal with any liquidity crisis, a spokesperson for Germany's biggest financial firm said. The spokesperson, in response to emailed questions, said the company wouldn't comment on the banking sector "but note that regulators, central banks and governments are well equipped to deal with any liquidity crisis – unlike what happened during" the global financial crisis of 2007 and 2008.