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Nissan's Next Electric Halo Could Be Born On A Formula E Racetrack

Nissan's Next Electric Halo Could Be Born On A Formula E Racetrack

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Nissan may be best known for the Leaf and the GT-R, but its next halo car could emerge from somewhere much more electric — and much more unexpected. Tommaso Volpe, who heads Nissan's Formula E program, confirmed to Autocar that the brand is actively exploring ways to bring its motorsport tech to the street.
No concept teasers. No vague promises. Just prototypes — already running — that blend road-legal chassis with Formula E-derived powertrains. That means high-efficiency electric motors, race-honed software, and hardware developed under the brutal conditions of EV racing. The goal? A new electric flagship that puts Nissan back in the performance spotlight.
Tech From The Track
The proposed project wouldn't be just a track toy with license plates — it's being built from the ground up with the road in mind. While Nissan has already experimented with performance EVs like the Ariya Nismo, this would be something far more focused. Lightweight, high-voltage, and razor-sharp — a proper rival to the likes of Taycan, Ioniq 5 N, and maybe even whatever Tesla's working on next.
This vision ties directly into the company's broader push to reposition itself as an innovator again. The brand has struggled in recent years, with a string of forgettable models and cost-cutting measures. As we've explored, Nissan's future may well lie in its past — revisiting its bold, abandoned ideas to re-ignite public interest.
Why Formula E?
Formula E is more than a billboard — it's Nissan's test lab for the electrification arms race. And it's starting to deliver results. Just last month, the company won its first-ever Formula E Drivers' Championship with Oliver Rowland, a breakthrough moment that's sparked momentum behind the scenes. Pair that with Nissan's confirmed involvement in the series through 2030, and it's clear this isn't just about PR.
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Max Taylor
This potential halo car wouldn't just carry the look of a racecar — it would inherit the actual tech. Powertrain software, battery management, energy regeneration, and efficiency systems tuned at the absolute bleeding edge. That's a lot more than a few Nismo badges slapped on an SUV.
Source: Akio Kon/Bloomberg via Getty Images
A Brand In Need Of Spark
The timing couldn't be more critical. Nissan posted a $782 million Q1 loss as part of its wider restructuring plan, facing stiff tariffs on Japanese imports and shuttering factories to cut costs. Meanwhile, sales of models like the manual Versa — America's cheapest new car — have now ended entirely due to profitability challenges.
Nissan needs a comeback story. Not just another crossover, not another business-case commuter car. It needs a statement. A hero car. A headline. This Formula E-derived EV halo might just be the spark they need.
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The Swiss lived in splendid isolation for years. Trump's tariffs have shattered that complacency
The Swiss lived in splendid isolation for years. Trump's tariffs have shattered that complacency

The Guardian

time6 minutes ago

  • The Guardian

The Swiss lived in splendid isolation for years. Trump's tariffs have shattered that complacency

Growing up in Zurich often felt like being removed from the world. It shouldn't be that way: after all, Switzerland is at the heart of Europe. Riding on the cosy Zurich trams, one hears all the world's languages; and the airport offers more direct intercontinental flights than Berlin. And yet, coming of age in Switzerland is like sitting in an aquarium looking at the world through a thick bulletproof window. That glass was shattered last week when Donald Trump announced 39% tariffs on Swiss exports. The US is the most important destination for Swiss products: 18.6% of all its exports go there. If Trump maintains the tariffs, sales to the US 'will be effectively annihilated', said Switzerland's industry lobbying group. The rightwing Swiss business minister, Guy Parmelin, announced a furlough programme to shield the economy from 'mass layoffs'. The tabloid newspaper Blick captured the mood with a stark black front page, pronouncing it a 'black day' for Switzerland. Trump's tariff shock has provoked a major identity crisis in a country that has grown rich on exports, and done so in splendid isolation from world politics. To understand Switzerland, imagine it as a giant country club. First, you don't get in there easily: immigration laws are tight, although being rich helps. Second, it's a tidy place: every inch of land is curated, and every lawn mowed. Third, there are ample leisure activities on offer: after work, the Swiss go biking, or show off their toned bodies on the shores of immaculate lakes. Most importantly, the Swiss club has traditionally offered its members tranquillity. History doesn't happen here. The last war Switzerland was involved in was the Sonderbund war of 1847 (it lasted 26 days, and about 100 people died). The country has been run by a majority rightwing government since 1848. The Swiss economy has contracted in only six of the last 60 years. As a teenager in the 2000s, looking out through the bulletproof window at the rest of Europe, I saw Islamist terrorism and mass youth unemployment. We had none of it. Crime is low and social conflict barely exists, though Islamophobia did raise its ugly head in the 2009 vote to ban minarets. The Swiss have Europe's lowest proportion of working days lost to strikes. Disputes are resolved through compromise, and frustrations vented through direct democracy, or drowned in a sea of passive-aggression. And yes, 93.2% of trains do run on time. This all-pervasive sense of calm and predictability is perhaps the main reason why so many wealthy people move here. On a chaotic and anxious planet, Switzerland offers the luxury of living in a parallel reality – a chance to take a break from the world. That is the Swiss dream. That is the story of the children's book Heidi, in which a wealthy German girl suffering big city life in Frankfurt escapes to the Alps. That is the story of Thomas Mann's The Magic Mountain, in which Europe's neurotic elite retreats to the Swiss Alps to pontificate on the state of the world from a safe, numbing distance. Switzerland's long history of neutrality and deliberate remoteness also nurtured a feeling of Swiss exceptionalism. Surviving two world wars untouched convinced many that staying alone means staying safe – indeed, that it can even be profitable, especially if you are happy to trade with Nazi Germany and apartheid South Africa. Isolationism carries benefits even today. Not being part of either Nato or the EU allows Switzerland to be the only European country, apart from Iceland, to have a free trade agreement with China. It also allows Berne to spend just 0.7% of GDP on defence – far below Nato's 3.5% target. Swiss aid to Ukraine stands at just 0.13% of GDP, eight times lower than that of the Netherlands. Switzerland has thrived on being part of the free world without shouldering any of the burdens that come with it. But in the new era of cutthroat geoeconomics, this 'have your cake and eat it' policy doesn't work any more. Moreover, Trump's move completely blindsided Berne. In Switzerland, many people assumed that the president Karin Keller-Sutter's majority rightwing government would get along well with the Rolex-wearing Trump. After all, he dislikes the EU, taxes and wokeness, and so do the Swiss. When the US vice-president, JD Vance, argued at the Munich Security Conference in February that social media 'censorship' was a bigger danger to Europe than Russia, Keller-Sutter praised the speech as 'very Swiss'. Trump's shocking tariff announcement has left the Swiss establishment clueless as to how to respond. Last week, Keller-Sutter tried to convince Trump to let go of the US's $38bn trade deficit with Switzerland. Trump later said of the call, 'The woman was nice, but she didn't want to listen.' Switzerland has little leverage at its disposal. The country has already committed to buying F-35 fighter jets. Keller-Sutter can't even promise to cut tariffs on US products. In 2024, Bern unilaterally eliminated tariffs on industrial products. If Trump adds pharmaceuticals to the 39% tariffs, the economic pain will be real: up to 0.7% of GDP a year or 700 Swiss francs a head, according to the Swiss Economic Institute. But the greater shock is psychological. A nation that has become accustomed to always getting its own way is now floundering, with a worse tariff rate than Algeria (30%). In a multicultural, federal country with four official languages, the grand unifying narrative of Swiss exceptionalism is in tatters. Perhaps worst of all, Brussels is getting a better trade deal than Berne. That is provoking a lot of head scratching in a country where support for EU membership stood at 17% in a 2024 poll. Keeping the EU at a distance may no longer be the best option. The first test will come soon: the Swiss will vote on new economic treaties with the EU – something that the Swiss far right is fighting tooth and nail. Trump's golf-cart style of governing ought to see him fit right in to the Swiss country club. Who would have guessed that he would be the one to finally shatter its splendid isolation? Joseph de Weck is a fellow with the Foreign Policy Research Institute

Mobile network offering TRIPLE data SIM-only deal – 24GB for £7/month
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SMARTY's latest offer hands you a massive data boost for no extra cash. Right now, you can bag 24GB of data for only £7 a month, the same price you'd normally pay for just 8GB. 1 Smarty SIM-only deal, 8GB 24GB data for £7/month BUY FROM SMARTY That's triple the data without spending a penny extra. It's Smarty's latest push to give shoppers more for their money, and frankly, it's a pretty solid offer. If you're after enough data to stream Spotify, scroll socials, and cover your everyday browsing on the go, this plan has you well covered. You're on a low, flat monthly fee with no sneaky mid-contract price hikes lurking in the small print. And because Smarty runs on rolling 1-month contracts, you can walk away whenever you like, no strings attached. That kind of freedom is a big part of why Smarty has built such a loyal following among budget-conscious shoppers.. The service rides on Three's network, which already offers solid coverage across most of the UK. To be sure, you can double-check your signal with Smarty's handy coverage checker before you sign up. There are a few tempting offers on the table right now, but the standout is the 8GB SIM-only plan, currently boosted to a chunky 24GB for just £7 a month. That's not bad at all when you consider some providers will happily charge you twice as much for a fraction of the allowance. Best SIM-only Smarty deals: If 24GB isn't enough, you'll find other plans going up to unlimited data, still at budget rates. Here are some of the best: 5GB for £6 per month - buy here 16GB for £8 per month - buy here 40GB 80GB for £10 per month - buy here 100GB for £12 per month - buy here 150GB for £15 per month - buy here 200GB for £17 per month - buy here Unlimited data for £20 per month - buy here But for light-to-moderate users, the triple-data offer is hard to beat. And with no contract tie-in, you can switch, upgrade, or leave whenever you fancy. If you're also hunting for other tech savings, there are a couple of standouts doing the rounds this week. You can boost your online security and save 72% on NordVPN, and they're throwing in a free Amazon gift card worth £50 just for signing up. And for those who want a new handset without the big spend, there's an 'excellent condition' refurbished iPhone 13 going for just £20 a month. If these deals don't quite fit the bill, have a look at our roundup of the best SIM-only deals from all the big networks.

Global investors flock to ex-US markets for better growth, valuations
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Reuters

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  • Reuters

Global investors flock to ex-US markets for better growth, valuations

Aug 13 (Reuters) - Global ex-U.S. equity funds received their biggest inflows in more than four-and-a-half years in July, as investors redirected capital away from the United States on concerns over the economy, stretched stock values, and a weakening dollar. These funds began seeing inflows earlier this year as President Donald Trump's economic policies hurt the appeal of U.S. markets. But the steep gains in July suggest a sustained shift towards diversification, particularly into Europe and emerging markets benefitting from easier monetary conditions and improved growth prospects. According to LSEG Lipper, global ex-U.S. equity funds secured an inflow of $13.6 billion in July, the highest since December 2021. In contrast, U.S.-focused equity funds saw $6.3 billion in outflows, marking their third straight month of redemptions. "While tariff de-escalation was a tailwind in the second quarter, unresolved trade negotiations and policy deadlines approaching in the early third quarter pose ongoing risks," Shelton Capital Management Chief Investment Officer Derek Izuel said. "Persistent uncertainty could reignite flows out of U.S. equities, particularly if growth differentials continue to narrow or the Federal Reserve maintains restrictive monetary policy." The divergence in performance has been another key driver of outflows from U.S. equities, with the MSCI Asia Pacific ex-Japan index (.MIAPJ0000PUS), opens new tab up around 14% and the MSCI Europe index (.dMIEU00000PUS), opens new tab gaining more than 19% this year, outpacing the S&P 500's 7.2% rise. Furthermore, the dollar has declined about 10% this year, amplifying returns for U.S. investors from international markets. Jim Smigiel, chief Investment Officer at SEI, said that while global diversification remains a key focus, it is too soon to tell if recent flows mark a sustained shift. "We see this recent trend as more of a strategic rebalancing to neutral positioning from a geographic perspective and less of an adoption of any underweight to the U.S.," he said. The forward 12-month price-to-earnings ratio of the MSCI U.S. index stood at 22.6, much higher than MSCI Asia's 14.4, MSCI Europe's 14.2 and MSCI World's 19.7.

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