
Nissan to debut new version of Leaf, world's first mass market electric car
17 June 2025 22:59
Nissan Motor Co.'s push to breathe new life into its lineup will see the debut of an updated version of the Leaf, the struggling brand's compact family car that was the world's first mass-market electric vehicle.The Leaf has sold almost 700,000 units since it was originally released in 2010, making Nissan an EV pioneer. But the Japanese carmaker struggled to maintain that early momentum, only introducing its second fully electric model - the Ariya SUV - in 2022 into a market crowded with high-tech offerings.Now, as Chief Executive Officer Ivan Espinosa undertakes an ambitious rescue plan to stem the carmaker's rapidly deteriorating financial position, Nissan is betting a revamp of the Leaf will help it regain its edge. The company doesn't need a saviour to get back on its feet, according to Espinosa, who has put his focus on slashing jobs and shutting factories to get Nissan back on track.The third generation of the popular EV has received a major facelift. It's now equipped with flush door handles, a panoramic glass roof and angular headlights. The car will also be the debut of a new powertrain with a smaller motor, according to the company."We expect Europe to be the largest market in terms of unit sales,' Nissan chief product specialist Keiji Endo said at a briefing.The carmaker will assemble vehicles for the US market at its plant in Tochigi, north of Tokyo. Cars will also be made at its facility in Sunderland, in the UK.The Leaf has enjoyed enduring popularity in Europe and the region is the model's biggest market, with sales of 286,200 vehicles since its debut. Nissan has sold 221,300 Leaf cars in North America and 186,200 in Japan over the same period. It's never been sold in China and Nissan said it currently has no plans to introduce the Leaf to that market.The Leaf will be sold first in the US, during the fall. The company didn't disclose pricing details, but the current model starts at $28,140The new Leaf comes part way through Nissan's three-year effort to recover from its worst crisis in decades. The collapse of talks earlier this year to join forces with Honda Motor Co. have added impetus for the automaker to get operations back on track under Espinosa, who took over as CEO in April.
He's helming a restructuring that will see 20,000 jobs cut and the closure of seven of Nissan's 17 plants by March 2028 after the carmaker reported a net loss of 670.9 billion yen ($4.6 billion) for the most recent fiscal year.
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Sharjah 24
a day ago
- Sharjah 24
'Turkish salmon': the Black Sea's new rose-coloured gold
"Our exports surged from $500,000 in 2017 to $86 million last year, and this is just the beginning," said Denizer, general manager of Polifish, one of the Black Sea's main producers of what is marketed as "Turkish salmon". In its infancy just a decade ago, production of trout -- which in Turkey is almost exclusively farmed for export -- has exploded in line with the global demand for salmon, despite criticism of the intensive aquaculture required to farm it. Last year, the country exported more than 78,000 tonnes of trout raised in its cooler northern Black Sea waters, a figure 16 times higher than in 2018. And it brought in almost $498 million for Turkish producers, a number set to increase but is still far from the $12.8 billion netted by Norwegian salmon and trout giants in the same year. Russia, which banned Norwegian salmon in 2014 after the West imposed sanctions over its annexation of Crimea, accounts for 74.1 percent of "Turkish salmon" exports, followed by Vietnam with 6.0 percent, and then Belarus, Germany and Japan. Spectacular success Stale Knudsen, an anthropologist at Norway's Bergen University and a specialist on Black Sea fishing, said Russia offered "an available market that was easy to access, near Turkey". For him, the "spectacular success" of trout is also down to Turkey's experience and the technology used in farming sea bass and sea bream, a field in which it leads Europe. Turkish producers have also benefitted from the country's large number of reservoirs where the fish are a raised for several months before being transferred to the Black Sea. There, the water temperature -- which stays below 18 degrees Celsius (64.4 Fahrenheit) between October and June -- allows the fish to reach 2.5 to 3.0 kilogrammes (5.5-6.6 pounds) by the time they are harvested. Last, but not least, is the price. "Our 'salmon' is about 15 to 20 percent cheaper than Norwegian salmon," said Ismail Kobya, deputy general manager of Akerko, a sector heavyweight that mainly exports to Japan and Russia. "The species may be different but in terms of taste, colour and flesh quality, our fish is superior to Norwegian salmon, according to our Japanese clients," Kobya told AFP at Akerko's headquarters near the northeastern town of Trabzon, where a Turkish flag flies alongside those of Russia and Japan. Inside, a hundred or so employees in long blue waterproofs, green head coverings and rubber boots behead, gut, clean and debone trout that has an Aquaculture Stewardship Council (ASC) certification for responsible farming practises. Disease risks "Over the last two years, many Turkish producers have moved to get those certifications," said Knudsen, though he does not believe such labels are always a guarantee of sustainability. "I think the rationale behind that is not only to become more sustainable, but is more importantly a strategy to try to enter the European markets... where the Norwegians have some kind of control," he said. In a 2024 study, researchers from a Turkish public institute raised concerns that "the rapid growth of the trout farming sector... led to an uncontrolled decline in the survival rate" of the fish. Pointing to the "spread of diseases" and "improper breeding management", the researchers found that nearly 70 percent of the trout were dying prematurely. Polifish, which also has an ASC certification, acknowledged a mortality rate of around 50 percent of their fish stocks, predominantly in the reservoirs. "When the fish are small, their immune systems aren't fully working," said its deputy general manager Talha Altun. Akerko for its part claims to have "reached a stage where we have almost no disease". "In our Black Sea cages, the mortality rate is lower than five percent, but these are farming operations and anything can happen," Kobya said. Fake fish Visible from the shore, the fish farms have attracted the wrath of local fishermen worried about the cages, which have a 50-metre (165-foot) diameter, being set up where they cast their nets to catch anchovy, mackerel and bonito. Mustafa Kuru, head of a local fishermen's union, is a vocal opponent of a farming project that has been set up in his fishing zone just 70 kilometres (45 miles) from the Georgian border. "The cages block the movement of the fish and what happens then? The fish start leaving the area," he said, accusing the trout farmers of pumping chemicals into their "fake fish". He said a lack of fish stocks in the area had already forced two boats from his port to cast their nets much further afield -- off the western coast of Africa. "If the fish leave, our boats will end up going to rack and ruin in our ports," he warned.


Web Release
2 days ago
- Web Release
Nissan to Livestream World Premiere of All-New Patrol NISMO From the Middle East
Nissan to Livestream World Premiere of All-New Patrol NISMO From the Middle East Dubai, UAE (20 June 2025) – Nissan is set to strengthen its performance-focused lineup in the Middle East with the highly anticipated NISMO event, taking place in Dubai on 24 June 2025. Customers, media, influencers and automotive enthusiasts are invited to join the live global streaming of the event: unveiling the all-new Patrol NISMO – marking its world premiere, and the new Nissan Z NISMO – making its regional debut. · Date: Tuesday, 24th June 2025 · Time: 7:30PM GST (GMT +4) · Worldwide Livestream Link on YouTube: The livestream will showcase Nissan's latest NISMO icons in the Middle East, spearheading the Red Ring Society and offering viewers a first look at Nissan's next generation of bold design and motorsport-inspired innovation. Don't miss out this exclusive opportunity to celebrate the passion and precision of NISMO.


Time Out Abu Dhabi
2 days ago
- Time Out Abu Dhabi
An incredible Bvlgari resort is coming to Abu Dhabi
Abu Dhabi's luxury hospitality scene is set for a major glow-up. Italian luxury brand Bvlgari has announced a new resort and private mansions development in the UAE capital, in partnership with local real estate powerhouse Eagle Hills. The project, named Bvlgari Resort & Mansions Abu Dhabi, is set to open in 2030 and promises to become one of the region's most exclusive escapes and one of Abu Dhabi's best hotels. The new destination will be set on a private, horseshoe-shaped island with sweeping views of the open sea on one side and the iconic Qasr Al Watan and Abu Dhabi skyline on the other. Think total seclusion, a dramatic sense of arrival and sunset views that could rival any in the region. Access will be via a purpose-built bridge or by sea, adding to the resort's sense of privacy and exclusivity. The project will include a luxury resort with 60 rooms and suites, 30 beachside villas with private pools and 90 high-end mansions. Each element is designed to blend Italian elegance with Arabian heritage, with architecture by Milan-based ACPV ARCHITECTS Antonio Citterio Patricia Viel and landscape design by LAND SRL. The vision? A sculptural, gold-and-glass retreat rising from the sand – infused with regional identity and international flair. Guests can without a doubt expect the full Bvlgari experience: impeccable design, flawless service and world-class dining. The resort will feature signature restaurants such as Il Ristorante – Niko Romito, curated by award-winning chef and Hōseki, Bvlgari's exclusive Japanese concept. Also on offer will be a refined Turkish restaurant, the stylish Bvlgari Bar, La Spiaggia beachside dining and the brand's much-loved Il Caffè and Bvlgari Dolci. We're seriously not complaining. A standout wellness offering is also in the works. The resort will house a 2,000 sqm spa with a 25-meter lap pool, a state-of-the-art fitness centre and a landscaped wellness sanctuary designed to pay tribute to the region's cultural and environmental traditions. There's also a 40-berth private marina and Yacht Club with an exclusive membership programme, private beach and extensive water sports options, all designed to elevate the coastal lifestyle experience. For those looking to call this place home, the 90 private mansions – some with their own docks, no less, others with uninterrupted sea or cove views – promise a new level of waterfront living. Ranging from 1,650 to 2,500 sqm, the homes will come with private beaches, sweeping views and designs that fuse local influence with global sophistication. Behind the development is Eagle Hills, the real estate firm founded by Mohamed Alabbar, the name behind projects like Downtown Dubai and the Belgrade Waterfront. With developments in over 18 countries, Eagle Hills is no stranger to crafting destination landmarks – and this latest collaboration with Bvlgari looks set to do just that. The opening may still be five years away, but Bvlgari Resort & Mansions Abu Dhabi is already shaping up to be one of the capital's most talked-about future addresses. Jean-Christophe Babin, CEO of Bvlgari said: 'With Bvlgari Resort & Mansions Abu Dhabi, we continue our magnificent journey of bringing Bvlgari's distinctive elegance and craftsmanship to the world's most remarkable destinations. 'This project is a tribute to Abu Dhabi's unique cultural identity, blending timeless sophistication with modern luxury. This project will set a new milestone in Haute Hospitality and I'm particularly happy to develop it with our long-standing Retail Partner and friend, Mohamed Alabbar, always striving for the highest standards'. Mohamed Alabbar, Founder and Chairman of Eagle Hills, added: 'Abu Dhabi has always stood for vision and grace. This partnership with Bvlgari reaffirms our commitment to placing the Emirate at the epicentre of luxury living – where exceptional design, exclusivity, and Arabian soul converge.' Patricia Viel, CEO of ACPV ARCHITECTS, said: 'The project captures the best aspects of its location – secluded and immersed in nature and the sea – while remaining within easy reach of central Abu Dhabi. 'Life on the island is enriched by a diverse landscape, carefully designed environments, and sweeping views of both the sea and the city. The Bulgari Resort & Mansions offers a thoughtfully curated setting that fosters a strong sense of place. The interplay of architecture, natural surroundings, and exceptional amenities creates a distinctive and refined living environment.' More Abu Dhabi real estate These are the most popular places to buy and rent in Abu Dhabi right now No gatekeeping round here Modon's Muheira towers on Reem Island sell out on launch day This is pretty cool A new village in Abu Dhabi completely sold out in 24 hours A little slice of Tuscany right in the capital