|Bid||1.2642 x 840000|
|Ask||1.2750 x 840000|
|Day's range||1.2490 - 1.2748|
|52-week range||1.0700 - 2.7595|
|Beta (5Y monthly)||0.94|
|PE ratio (TTM)||25.50|
|Forward dividend & yield||0.03 (2.21%)|
|Ex-dividend date||02 Jun 2022|
|1y target est||N/A|
China's Geely Holding Group will supply ElectroMobility Poland (EMP) with a modular electric vehicle platform that will form the basis of its Izera range, the companies said on Thursday. The Izera is a key element in Polish efforts to harness the switch to electric vehicles to help its auto sector catch up with regional rivals including the Czech Republic and Slovakia. "Poland plays an important role in the European automotive industry and I am convinced that this agreement will enable a faster transition to electric driving, creating wider economic opportunities in the field of electromobility," Daniel Donghui Li, chief executive of Geely Holding Group, said in a statement.
For Polestar CEO Thomas Ingenlath, the EV-maker’s first gross profit as a public company wasn’t the biggest takeaway from Q3.
Analysts seeking less complexity from Renault at its investor day this week were disappointed to find that CEO Luca de Meo will split the company into five autonomous businesses. The main plank of the strategy is the separation of its combustion engine business from its electric vehicle (EV) operation. The engines operation will partner Geely in a 50-50 joint venture while the EV arm will be listed in the second half of next year.