|Bid||329.50 x 0|
|Ask||329.60 x 0|
|Day's range||326.00 - 337.85|
|52-week range||63.50 - 357.00|
|Beta (5Y monthly)||2.16|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Volvo's entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of automakers planning to phase out fossil-fuel engines by the end of this decade. "I am totally convinced there will be no customers who really want to stay with a petrol engine," Volvo Chief Executive Håkan Samuelsson told reporters when asked about future demand for electric vehicles. "We are convinced that an electric car is more attractive for customers."
Indian shares ended nearly flat on Tuesday as gains in Reliance and commodity firms were offset by a selloff in financial stocks. The NSE Nifty 50 index ended 0.22% higher at 14,707.70 and the S&P BSE Sensex closed 0.01% higher at 49,751.41. Both the indexes snapped five sessions of losses to advance 1.2% during the session, before paring gains as investors sold private sector bank stocks.
Jaguar Land Rover said on Wednesday it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire lineup will be launched by 2030. "The full review of the Jaguar Land Rover organisation is already underway," the company said in an emailed statement. JLR, owned by India's Tata Motors, said earlier that its Land Rover brand will launch six fully electric models over the next five years, with the first in 2024.