Just one point on Volvo and not discounting what you have said, They are now 100% owned by the Chinese company Geely.
Similar to MG, A Chinese company has taken over a legacy brand which people who have little interest in cars (and just use them as transport for getting from A to B which has got to be something like %85 of buyers) would probably not know. So that is why they have such aggressive Ev implementation.
Not passing a judgment either, Probably quite a smart tactic for those Chinese manufacturers to use a bit of a trojan horse to get market penetration.
Its worth noting however because even though they share the name it doesn't mean the same quality will be there.
https://www.carexpert.com.au/car-news/mg-5-receives-zero-star-ancap-safety-rating
Just one point on Volvo and not discounting what you have said,...
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $320.5M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $607.2K | 4.030M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 2795751 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1296310 | 35 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
|
|||||
|
Last
15.3¢ |
Change
0.000 ( 1.42 %) |
||||
| Open | High | Low | Volume | ||
| 15.3¢ | 15.5¢ | 15.0¢ | 1296057 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| CXO (ASX) Chart |