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AB Volvo (publ) (0MHW.IL)

IOB - IOB Delayed price. Currency in SEK
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270.50+1.60 (+0.60%)
At close: 05:22PM BST
Full screen
Previous close268.90
Open0.00
Bid0.00 x 0
Ask0.00 x 0
Day's range0.00 - 0.00
52-week range
Volume37,340
Avg. volume59,359
Market cap557.184B
Beta (5Y monthly)1.10
PE ratio (TTM)12.90
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield7.00 (3.14%)
Ex-dividend date05 Apr 2023
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.