Freepoint Commodities Announces Renewal of Its Revolving Credit Facility at USD 2.3 Billion; Allows Growth to USD 3.2 Billion.

STAMFORD, Conn., June 5, 2025 /PRNewswire/ — Freepoint Commodities LLC (“Freepoint”) today announced that it closed a USD 2.3 billion revolving bank facility (the “Facility”). The Facility consists of a USD 1.38 million three-year committed tranche and a USD 920 million one-year uncommitted tranche. Additionally, the Facility has a USD 900 million accordion feature. Mitsubishi… Continue reading Freepoint Commodities Announces Renewal of Its Revolving Credit Facility at USD 2.3 Billion; Allows Growth to USD 3.2 Billion.

Nissan Motor India Implements Solar Power Systems Across Seven Dealerships

Nissan Motor India announced comprehensive sustainability initiatives on World Environment Day, installing grid-based solar electricity generation systems at seven dealerships across the country to power workshop and showroom operations entirely through renewable energy. The automotive manufacturer revealed these green initiatives on June 5, 2025, from its Gurugram headquarters as part of its broader environmental commitment… Continue reading Nissan Motor India Implements Solar Power Systems Across Seven Dealerships

Inside Alpine’s 20-year plan to become a proper Porsche rival

“The business case flies with the US, because [the US is] 40% of the market in [the E-segment]. So until we have it clearly, it’s a bit risky for us to push the button,” de Meo said. It also means sourcing a platform from outside Renault – likely Chinese partner firm Geely. The other global market that welcomed Audi was… Continue reading Inside Alpine’s 20-year plan to become a proper Porsche rival

Nissan’s CEO on leading in chaos: Be fast and be flexible

If you’ve just taken the top job, Nissan’s new CEO Ivan Espinosa has some advice for you. Espinosa steps into the role at a turbulent time for the global auto industry — with slowing EV sales, intensifying competition from China, and new tariffs threatening profits. “Keep the optimism up, because the environment is very tough,… Continue reading Nissan’s CEO on leading in chaos: Be fast and be flexible

Nissan CEO says mega savings plan will fix the struggling automaker

Ivan Espinosa, chief executive officer of Nissan Motor Co., speaks during an interview at the company’s headquarters in Yokohama, Japan, on Thursday, May 15, 2025. Bloomberg | Bloomberg | Getty Images Nissan CEO Ivan Espinosa on Wednesday said the short-term focus is to fix the struggling automaker, as it undergoes major restructuring efforts to get… Continue reading Nissan CEO says mega savings plan will fix the struggling automaker

Energy storage system based on EV batteries launched at Rome’s airport

As Italy rolls out an increasing number of renewable energy projects, it needs storage systems to make energy available when the sun or wind are not powering its green energy plants. Italy’s largest energy storage system based on used batteries for electric vehicles was inaugurated on Tuesday at Rome’s Fiumicino airport to help it reduce… Continue reading Energy storage system based on EV batteries launched at Rome’s airport

WeRide kooperiert mit Renault und bringt erneut autonome Shuttles nach Roland-Garros

PARIS, 4. Juni 2025 /PRNewswire/ — WeRide, ein weltweit führendes Unternehmen im Bereich der autonomen Fahrtechnologie, arbeitet zum zweiten Mal in Folge mit der Renault Group zusammen, einem Premium-Partner von Roland-Garros, um während des Grand-Slam-Turniers 2025 auf den ikonischen Sandplätzen einen autonomen Minibus-Shuttle-Service der Stufe 4 anzubieten. Die Rückkehr des Robobus-Service nach Roland-Garros unterstreicht die… Continue reading WeRide kooperiert mit Renault und bringt erneut autonome Shuttles nach Roland-Garros

Nissan reveals new photos of the next-gen LEAF EV and confirms its global debut

The iconic electric hatch is all grown up and will arrive later this month. Nissan’s iconic EV is now a stylish crossover with more range, faster charging, and several other upgrades. Ahead of its global debut, Nissan is offering us a closer look at the third-gen LEAF EV with a few new photos and details.… Continue reading Nissan reveals new photos of the next-gen LEAF EV and confirms its global debut