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AB Volvo (publ) (VOLV-B.ST)

Stockholm - Stockholm Real Time Price. Currency in SEK
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267.90+3.00 (+1.13%)
At close: 05:29PM CEST
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Previous Close264.90
Open265.30
Bid268.70 x 0
Ask268.70 x 0
Day's Range265.30 - 269.50
52 Week Range210.10 - 321.10
Volume3,902,148
Avg. Volume3,558,981
Market Cap548.276B
Beta (5Y Monthly)1.03
PE Ratio (TTM)10.68
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield7.50 (2.80%)
Ex-Dividend DateMar 28, 2024
1y Target EstN/A
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  • Reuters

    Report: Volvo shifting EV production to Belgium to avoid China tariffs

    (Reuters) -Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday. Volvo, which is majority-owned by China's Geely, was considering halting sales of Chinese-built EVs bound for Europe if tariffs were introduced, the newspaper said, citing company insiders. However, the report added that shifting production of Volvo's EX30 and EX90 models from China to Belgium is expected to negate the need for the company to do so and that the company insisted suspending sales of EVs made in China was no longer being considered.