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Codelco Expects to Churn Out Slightly More Copper This Year
MINT· 2026-03-27 18:32
(Bloomberg) -- Codelco expects to produce slightly more copper in 2026 than last year as the Chilean state-owned miner battles to put a string of operational and project setbacks in the rear-view mirror. The sprawling mines operated by Codelco in Chile are budgeted to churn out 1.344 million metric tons this year, compared with 1.333 million tons last year, Chief Executive Officer Ruben Alvarado told reporters in Santiago Friday. The company’s official guidance range is 1.331 million to 1.357 million to ...
Mercedes-Benz CEO Talks EV Strategy, Future cars
Youtube· 2026-03-27 18:00
All right, welcome to a new episode of Opening Bid Unfiltered. I'm Yahoo Finance executive editor, Brian Sazi, and I I am a car guy. I've said this repeatedly on this podcast, no matter who I talk to, and I um I got a special guest here, and I am so excited to bring in Ola Kellenius.Um someone who I've talked to a little bit in the past, but um this is your MercedesBenz. I mean, Ola, good to see you. Um, I'm going to try so hard not to talk about my car that I just got.Um, but it is from your brand and good ...
Cathie Wood sells $2.1 million of megacap tech stock
Yahoo Finance· 2026-03-27 17:07
Cathie Wood just dialed back one of Big Tech’s biggest names again. The ARK Invest boss shed 3,578 shares of Meta Platforms (META) on March 25, a move worth nearly $2.1 million. The sale was spread across three of ARK’s major actively managed ETFs, with Meta coming off a lean patch, having dropped 16% of its value in the past month. It’s important to note that ARK has had a mostly weak start to the year. For perspective, as per TotalRealReturns as of March 25, Wood’s flagship ARK Innovation ETF (ARKK) ...
Tesla Canada Sales Fall 60% As BYD Expands Fast - BYD (OTC:BYDDF), BYD (OTC:BYDDY), Tesla (NASDAQ:TSLA)
Benzinga· 2026-03-27 15:54
Chart Turns, Doors OpenAt the same time, overall EV demand softened, with battery-electric sales down about 25% year-over-year to around 85,000 units.That's not just a slowdown. That's a reset. And resets create openings.BYD Moves FastBYD isn't easing in—it's moving like it owns the opportunity. The company is targeting 20 dealerships in its first year, starting with Toronto and expanding into Vancouver, Montreal, and Calgary. This isn't a test run. It's a full retail push.The timing isn't accidental. Canad ...
If You Bought Lucid, Nio, or Rivian Stock 5 Years Ago, Here's How Much You've Lost
247Wallst· 2026-03-27 11:45
If You Bought Lucid, Nio, or Rivian Stock 5 Years Ago, Here's How Much You've Lost - 24/7 Wall St. S&P 5000.00 +0.00% Dow Jones45,894.40 -0.46% Nasdaq 10023,508.20 -0.63% Russell 20002,482.78 -0.90% FTSE 1009,942.20 -0.17% Nikkei 22552,194.50 -0.93% Investing All three EV startups were crushed by execution challenges and competitive pressures that proved far worse than investors anticipated when making their bullish calls five years ago. Are you ahead, or behind on retirement? SmartAsset's free toolcan m ...
Workhorse Expands Product Lineup with 140 kWh Version of Popular W56 Step Van
Globenewswire· 2026-03-25 20:05
Workhorse's New Model of its W56 Electric Step Van Workhorse is announcing a new model of its W56 all-electric step van. The 140 kWh model offers 100-mile range, payloads beginning at 10,000 pounds and a sticker price beginning at $169,000. New configuration purpose-built for the needs of in-city, last-mile package deliveryLower entry price combined with 100-mile range offers more affordable option for companies seeking to diversify fleets as a hedge against rising fuel prices DETROIT, March 25, 2026 (G ...
Sony and Honda scrapped their next EV before launch. You can still drive it on PlayStation.
Business Insider· 2026-03-25 17:48
The Afeela is dead. The car — a PlayStation-linked EV developed through Honda's joint venture with Sony — had been positioned as a tech-forward flagship, featuring multiple screens (including on the hood), autonomous driving capabilities, and even a spot to hold a PS5 controller.Plans to build the $90,000 electric sedan and a future SUV sibling were scrapped on Wednesday. It's the latest shift in Honda's approach to building EVs in America. Earlier this month, the automaker said it would take a $15.7 billio ...
Volkswagen's Skoda brand to end China sales this year
Reuters· 2026-03-25 14:16
Follow Volkswagen's Skoda brand to end China sales this year | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv People visit Volkswagen's Skoda booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo Purchase Licensing Rights, opens new tab Companies Skoda Follow Volkswagen AG Reporting by Jason Hovet and Rachel More, Editing by Madeline Chambers BERLIN, March 25 (Reuters) - ...
Sony and Honda give up on their joint EV project
TechCrunch· 2026-03-25 14:14
Sony Honda Mobility, the joint venture established by the two Japanese conglomerates, has decided to give up on the two “Afeela”-branded EVs that it has spent the last few years developing.The decision comes after Honda announced earlier this month that it was doing a major about-face and canceling three electric vehicles planned for the U.S. market — a decision that could cost the Japanese automaker nearly $16 billion. Honda blamed President Trump’s tariffs and rising competition from China as reasons for ...
Lucid Group Stock Is Down 98%. Is It Finally Time to Buy?
Yahoo Finance· 2026-03-24 19:25
The emergence of electric vehicles (EVs), largely thanks to Tesla's success, ignited investor interest in other early-stage EV companies. Lucid Group (NASDAQ: LCID) showed significant promise, and the Lucid Air, a premium sedan and its first model, garnered industry praise. Unfortunately, Lucid has struggled to grow its sales enough to operate profitably. The company has steadily burned cash for years, weighing on the stock as management continuously diluted shareholders to raise funds. Will AI create th ...