|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||22.15 - 22.38|
|52 Week Range||18.87 - 28.18|
|Beta (5Y Monthly)||1.17|
|PE Ratio (TTM)||14.65|
|Forward Dividend & Yield||1.75 (7.78%)|
|Ex-Dividend Date||Jun. 30, 2021|
|1y Target Est||N/A|
The leather-free approach was first unveiled when the company took the covers off the Volvo C40 electric crossover.
Swedish carmaker Volvo Cars said on Thursday that its vehicle range will go leather-free or 'vegan-friendly' by 2030, offering instead bio-based and recycled materials to a customer base that increasingly wants sustainably sourced products. "We've got a new generation of customers coming through, they're far more interested in the products they buy and having an ethical story behind them," Robin Page, Volvo's head of design, told Reuters. Volvo said the shift recognises customer concerns over animal welfare issues in the leather industry and the environmental impacts of cattle farming.
Iveco, the truck and bus business of Italian-American CNH Industrial, is pressing ahead with plans for a spin-off aimed at expanding electric vehicle production, its CEO-designate Gerrit Marx told Reuters on Wednesday. Marx was speaking at the inauguration of a production facility in Ulm, Germany, where Iveco, a latecomer to electric trucks, and Nikola will jointly make vehicles, starting with the Nikola Tre from the end of the year.