|Bid||36.26 x 1300|
|Ask||36.27 x 1400|
|Day's Range||35.71 - 36.38|
|52 Week Range||19.19 - 57.55|
|Beta (5Y Monthly)||0.97|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.33 (3.52%)|
|Ex-Dividend Date||Nov. 12, 2020|
|1y Target Est||N/A|
The purchase launches the oil giant to the forefront of the e-mobility market.
Shell agrees deal to buy electric car-charging company ubitricity. Acquisition expected to be finalised by end of year as race gathers pace to corner market
Electric vehicle sales are set to continue to soar in 2021, industry analysts and car distributors have said, as more models are brought to the market and governments push for use of cleaner energy to achieve climate goals. The European Commission has already outlined https://www.reuters.com/article/autos-electric-norway-idAFL8N2JG1NL?edition-redirect=in plans to further tighten car CO2 limits as part of its proposal for a tougher 2030 EU climate goal. "This acquisition marks Shell's expansion into the fast-growing on-street EV charging market and will provide critical competencies, helping Shell to scale its overall EV charging offer," Shell said in a statement.