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XRP ETF Launch Confirmed: Canary Capital Eliminates Regulatory Block

**Canary Capital Removes SEC Delay Clause, Sets November 13 Launch for Spot XRP ETF**

Canary Capital has taken a significant step forward by removing the SEC delay clause from its spot XRP ETF filing ahead of the anticipated November 13 launch date. The new XRP ETF will debut on Nasdaq under the ticker symbol **XRPF**, offering investors direct exposure to XRP’s spot price without the need to custody the token themselves.

### Final Compliance Steps Completed

In preparation for the launch, Canary Capital has completed all necessary compliance requirements, including securing custody arrangements and establishing partnerships with market makers. The removal of the SEC delay clause signals that the fund has cleared the final regulatory hurdle, affirming its readiness to commence trading on the scheduled date.

### A Milestone for Digital Asset Investment in the U.S.

The approval and upcoming launch of the XRP ETF represent a major advancement for digital asset investment products within the United States. This development aligns with growing institutional demand for regulated crypto exposure, following similar momentum gained by Bitcoin and Ethereum ETFs earlier this year.

By providing straightforward access to XRP’s spot price, the XRPF ETF eliminates the complexities involved with managing the underlying tokens, making it an attractive option for both retail and institutional investors. Analysts anticipate that the ETF will boost liquidity and attract substantial capital inflows from traditional market participants.

### Market Reactions and Analyst Perspectives

Market experts have responded to the news with cautious optimism. Some forecasts suggest that the XRP ETF launch could mirror the positive market impacts seen with Bitcoin ETFs in 2025, potentially driving renewed price action and increased capital flow.

However, several analysts caution that success will largely depend on trading volume and broader regulatory sentiment toward crypto assets. Initial performance metrics are expected to be influenced heavily by short-term trading activity following the fund’s debut.

### XRP Technical Analysis: Breaking a Multi-Year Pattern

Adding to the positive outlook, market analyst ChartNerd revealed that XRP has broken out of a 7-year symmetrical triangle pattern — a significant technical milestone. The cryptocurrency has been consolidating above its $3.84 all-time high candle closes for nearly 12 months, signaling sustained accumulation above 2021 highs.

The XRP/TetherUS perpetual contract chart displays a classic falling wedge pattern, which recently broke out to the upside, indicating a potential trend reversal. Currently, XRP trades around $2.51 following a slight retracement from recent highs and has tested resistance near the order block zone around $2.80.

Price action suggests consolidation at these levels post-breakout. Technical analysis outlines three take-profit targets derived from Fibonacci retracement levels based on recent price swings:

– **Target 1:** Approximately $2.67
– **Target 2:** Near the current price level around $2.51
– **Target 3:** Around $2.43

### Looking Ahead: Broader Implications for Crypto Finance

The launch of Canary Capital’s XRP ETF could pave the way for future altcoin-based products, deepening cryptocurrency’s integration into mainstream financial markets through regulated investment vehicles.

November 13 is set to mark a significant milestone for XRP, bridging the gap between digital assets and traditional capital markets, and potentially setting a precedent for further innovation and adoption within the space.
https://coincentral.com/xrp-etf-launch-confirmed-canary-capital-eliminates-regulatory-block/

Ethereum price under pressure, failure to reclaim $4,200 raises bearish risk

**Ethereum Price Faces Pressure After Rejection from $4,200 Resistance**

Ethereum’s (ETH) price is showing signs of weakness following a harsh rejection from the $4,200 resistance zone—a key technical level that previously acted as a pivot for bullish continuation. The inability to reclaim this region has shifted short-term sentiment to bearish, with price now trending lower toward crucial support levels. This loss of structure suggests that Ethereum could be entering a deeper corrective phase before any meaningful recovery attempt.

### Key Technical Points for Ethereum Price

– **Major Resistance:** $4,200 remains the pivotal resistance level, recently rejected on high volume.
– **Support Zone in Focus:** The next high-timeframe support sits at $3,437.
– **Market Structure Shift:** A breakdown below the value area low indicates weakening momentum.

From a technical perspective, Ethereum’s price action clearly shows signs of structural deterioration. The rejection at $4,200 triggered a shift in momentum, with the price now moving below the value area low—an important indicator that sellers have regained control of the short-term trend.

This decline has exposed resting liquidity beneath recent swing lows, where a large cluster of stop orders may act as a magnet for price. Once this liquidity is taken out, the probability of an accelerated move toward the $3,437 high-timeframe support level increases significantly.

The $3,437 region is historically important as a demand zone, previously serving as a base for multiple bullish rotations. If Ethereum finds support here, a trading range between $3,437 and $4,200 could form, laying the groundwork for a longer-term accumulation phase.

Ethereum’s recent failure to sustain levels above $4,200 confirms a local breakdown in bullish momentum. Until the market reclaims this level on a closing basis, the path of least resistance remains downward. The emergence of lower highs and lower lows on the mid-timeframe charts further supports this bearish bias.

However, holding the $3,437 support could stabilize price action, potentially turning this corrective leg into a consolidation phase before a renewed attempt at recovery.

### What to Expect in the Coming Price Action

Traders should closely monitor Ethereum’s behavior as it approaches the $3,437 support zone. A strong bounce accompanied by rising volume could mark the beginning of an accumulation range. Conversely, failure to defend this level may trigger another wave of selling pressure.

In the short term, the key trading boundaries for Ethereum remain the $4,200 resistance and $3,437 support levels. Until a decisive breakout or breakdown occurs, ETH is likely to remain range-bound, with risks slightly skewed to the downside.

Stay tuned for further updates as the situation develops and market conditions evolve.
https://crypto.news/ethereum-price-under-pressure-failure-to-reclaim-4200-raises-bearish-risk/

How to use Gunsmith Kits in Battlefield Redsec

Gunsmith Kits in Battlefield Redsec: A Complete Guide

The Gunsmith Kits in Battlefield Redsec are an integral part of the weapon upgrade system. These kits allow players to upgrade weapons found on the map, making them an excellent choice for those who don’t have access to drop firearms early in the game. While Redsec lets gamers create their preferred custom loadouts, the on-ground loot—including Gunsmith Kits—provides a convenient way to survive the early stages of a Battle Royale match.

What Are Gunsmith Kits in Battlefield Redsec?

Gunsmith Kits in Battlefield Redsec do not have fixed spawn points and appear in random locations. Typically, you can find these kits inside loot crates scattered across buildings on the map. The orange weapon crates especially have a higher chance of containing a Gunsmith Kit. Because their spawn is random, you’ll need to rely on luck — so make sure to open every crate you come across to increase your chances of securing one.

Once you acquire a Gunsmith Kit, you can either use it immediately if you have a compatible weapon or store it in your inventory. Alternatively, you can also share the kit with your teammates.

How to Upgrade Weapons Using Gunsmith Kits in Battlefield Redsec

To use a Gunsmith Kit, you must have a compatible weapon. Battlefield Redsec offers different types of kits, each designed for specific weapon categories—for example, PDW Kits are compatible with SMGs, while MG Kits are meant for LMGs.

Once you have both the compatible weapon and the corresponding Gunsmith Kit, upgrading is simple:

  • Hold the interact button to open the upgrade menu.
  • Select one of the two available attachments offered by the kit.

Applying an attachment will increase the weapon’s rarity and enhance its performance. The types of attachments you receive depend on your weapon’s current rarity:

  • Common weapons usually yield basic scope attachments.
  • Higher-rarity weapons unlock better attachments that significantly improve your weapon’s capabilities.

If you want to maximize your arsenal’s potential, keep scavenging for more Gunsmith Kits throughout the match.

Final Thoughts

Gunsmith Kits are a valuable resource in Battlefield Redsec, especially for players who might not have access to high-tier weapons early on. By understanding how and where to find these kits and how to apply their attachments effectively, you can gain a substantial advantage in the fast-paced Battle Royale environment.

Stay tuned to Sportskeeda for more Battlefield Redsec guides, updates, and news to help you dominate your matches!

https://www.sportskeeda.com/esports/how-use-gunsmith-kits-battlefield-redsec

Democrat Strategist Admits Crockett Running for Senate Is ‘Dream Scenario’ for GOP [WATCH]

NewsNation political contributor Chris Cillizza cautioned Thursday that if Democratic Texas Rep. Jasmine Crockett runs for U.S. Senate in 2026, it could significantly increase Republicans’ chances of keeping the seat.

During a segment on his YouTube channel, Cillizza analyzed Crockett’s comments from her appearance a day earlier on SiriusXM’s “The Lurie Daniel Favors Show,” where she said she is considering launching a campaign for the Senate.

“The problem is it’s very difficult for me to see how Crockett would reach out to the middle, particularly in a state like Texas where there just are not enough Democrats. Even if you get all the Democrats to vote for you, you don’t win,” Cillizza said.

“So I think this would be a dream scenario for Republicans. Because I think Ken Paxton has a real chance at winning the primary against John Cornyn and Wesley Hunt. And if he does, the best chance Republicans have of keeping that seat is Jasmine Crockett as the Democratic nominee.”

Cillizza continued by suggesting that other Democratic contenders would be more competitive in a statewide general election.

“To me, there’s no question that either Colin Allred or James Talarico, or honestly maybe even Beto O’Rourke, would be a stronger general election candidate against Paxton or Cornyn or Hunt than Jasmine Crockett,” he said.

He also speculated that Crockett might ultimately decide not to run, saying that her public consideration of a campaign could serve as a fundraising strategy.

“But the possibility will make Democrats nationally nervous,” Cillizza said. “I do not think that is the right nominee. And what’s worse for national Democrats, I think it’s very hard to stop Jasmine Crockett [from] winning the Democratic nomination if she does run for the Senate.”

Crockett, however, expressed confidence in her chances during her SiriusXM interview, citing internal and public polling showing her ahead of other potential Democratic candidates.

She currently leads a hypothetical Democratic primary field with 31% support among likely voters, according to an October University of Houston-Texas Southern University poll. State Rep. James Talarico and former Rep. Beto O’Rourke each garnered 25% in the same poll, while former Rep. Colin Allred, who ran unsuccessfully against Republican Sen. Ted Cruz in 2024, received 13%.

O’Rourke has not yet announced whether he will enter the 2026 race, though he has indicated that he would consider supporting Crockett if she decides to run.

“I think the key to winning Texas isn’t about looking at the current electorate. It’s about expanding the electorate,” Crockett said. “If we can expand the electorate, then I will strongly be considering hopping in the Senate race.”

Crockett has gained national attention for her combative exchanges with Republican lawmakers and controversial remarks. In March, she drew backlash after referring to Texas Governor Greg Abbott, who uses a wheelchair, as “Governor Hot Wheels.”

Cillizza’s assessment adds to growing speculation over how the Democratic field will shape up in Texas, where Republicans have maintained control of every statewide office for more than two decades.

The seat currently held by Sen. John Cornyn is up for re-election in 2026, and Attorney General Ken Paxton has indicated he is considering entering the GOP primary.

While Crockett’s potential candidacy has energized some Democratic activists, party strategists remain divided on whether her style and political profile can appeal to the moderate and independent voters needed to win a statewide race in Texas.
https://www.lifezette.com/2025/10/democrat-strategist-admits-crockett-running-for-senate-is-dream-scenario-for-gop-watch/

Argentina’s midterm election hands landslide win to Milei’s libertarian overhaul

Early results from Argentina’s legislative elections on Sunday revealed a landslide victory for President Javier Milei, as voters overwhelmingly backed his free-market reforms and deep austerity measures. This outcome provides a strong boost for the libertarian leader to continue his ambitious economic overhaul.

President Milei’s party, La Libertad Avanza, secured 41.5% of the vote in Buenos Aires province, compared with 40.8% for the Peronist coalition, according to official results. This is significant, as the province has long been a political stronghold for the Peronists, marking a dramatic political shift in the region.

Nationwide, La Libertad Avanza won 64 seats in the House of Deputies, up from 37, according to government figures. Milei aimed to expand his small minority in Congress and retain the support of former U.S. President Donald Trump. The Trump administration recently provided Argentina with a hefty financial bailout but had threatened to withdraw support if Milei’s government did not perform well in the elections.

In this midterm vote, half of Argentina’s lower Chamber of Deputies—127 seats—as well as a third of the Senate—24 seats—were contested. The Peronist opposition remains the largest minority in both houses, while Milei’s relatively new party previously held only 37 deputies and six senators.

The White House and foreign investors have praised the government’s achievements, including the significant reduction of monthly inflation from 12.8% before Milei’s inauguration to 2.1% last month. Additionally, the government has managed to achieve a fiscal surplus and implement sweeping deregulation measures.

However, Milei’s popularity had dipped in recent months due to public frustration with his cuts to public spending and a corruption scandal involving his sister, who also serves as his chief of staff.

Political experts noted that securing more than 35% of the vote would be a positive outcome for Milei’s administration. It could enable him, through alliances with other parties, to block efforts by opposition lawmakers aiming to overturn his vetoes on laws he argues threaten Argentina’s fiscal balance.

Looking ahead, Milei has announced plans for a cabinet shake-up after the election, potentially including members of the centrist PRO party—a frequent ally in Congress led by former President Mauricio Macri.

The election results will be welcomed by the White House. Trump’s potential $40 billion bailout package for Argentina includes a signed $20 billion currency swap and a possible $20 billion debt investment facility.

Financial markets are expected to rally on Monday as bonds and stocks respond positively to the news. The results provide Milei with the necessary votes and political capital to accelerate his reform agenda.

Following the election, many analysts predict a devaluation of the peso, which they say has been overvalued to help contain inflation. This development could further impact Argentina’s economic trajectory in the months to come.
https://nypost.com/2025/10/27/world-news/argentinas-midterm-election-hands-landslide-win-to-mileis-libertarian-overhaul/

CNN’s Harry Enten Spells Out Bad News For Dems Trying To Use Economic Messaging Against Trump

CNN senior data reporter Harry Enten found on Friday that a significant number of Americans no longer view the economy as their number one political issue. Americans’ perception of the economy as the top problem in the U.S. fell from 43% in October 2024 to its current 24%, indicating that most voters’ concerns about inflation and high prices have eased since President Donald Trump took office.

The current figure is substantially lower than the average of 35% of voters who prioritize the economy during a midterm election cycle.

“Look at this, 43 percent at this time, 43 percent of Americans said the top problem was economic,” Enten said. “Come to this side of the screen, it’s just considerably different. We’re talking about 24 percent. We’re talking about a drop of near 20 points and more than that, we’re talking about across all of the different political groups, right. Democrats, independents, Republicans. We see that the percentage who say the top problem is economic has been falling, has been falling, has been falling through the floor.”

“And more than that, you know, we’re talking about inflation, the percentage of Americans who say that the top problem is inflation has also been falling which is I think very much surprising given all the news that we are hearing about the economy,” Enten continued.

Notably, this shift in economic concerns does not include factors such as an extension of Biden-era subsidies in the Affordable Care Act. The Democratic Party has since accused Republicans of attacking the American people’s healthcare, although Democrats had voted for the same continuing resolution (CR) in the past.

During the 2024 election, the economy and immigration were the top issues for voters, which ultimately led to Donald Trump defeating former Vice President Kamala Harris.

During former President Joe Biden’s administration, inflation soared from 1.4% to a record 9% between January 2021 and June 2022.

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https://dailycaller.com/2025/10/24/cnn-harry-enten-economic-messaging-trump/

Saving lives in Ukraine will require Trump to play the strong cards at his disposal

President Donald Trump’s mission to stop the killing in Ukraine has hit a wall. His strategy to let both Moscow and Kyiv “claim victory” and halt the fighting is missing the agreement of one man: Vladimir Putin, the last obstacle to peace.

Last week, Trump and Putin held yet another high-stakes phone call to end the war. Once more, they talked for two hours and appeared to make progress. A peace summit between all sides seemed possible—only for Russian Foreign Minister Sergey Lavrov to derail the process by repeating Putin’s maximalist demands.

Putin has not altered his original aim: “The whole of Ukraine is ours,” as he has asserted. The Kremlin is repeating a familiar pattern. Putin clearly does not want peace, even if he keeps talking about it with Trump endlessly.

As Putin filibusters, Russia’s military is ramping up efforts to replace its catastrophic losses, recruiting troops as if the war will never end. Here, Russia faces a major limitation in sustaining its invasion: it cannot conscript soldiers, but must buy them.

The fact is any traditional call-up of Russian soldiers for Ukraine would threaten the regime’s stability—a significant weakness for the Kremlin. Russian officials learned this lesson the hard way back in September 2022 when they attempted a “partial” call-up of young men. The move sparked widespread public opposition, causing the Kremlin to quickly back down.

This leaves the “golden handshake”—lucrative cash bonuses and incentive packages for volunteering—as Russia’s primary option for recruiting cannon fodder. But this cost is reaching new heights.

To meet recruitment targets, some of Russia’s regions have significantly increased pay for voluntary service in Ukraine. In Tyumen, Siberia, officials this month began offering a lump sum of $36,560—approximately three times the area’s average yearly salary—on top of Moscow’s $5,086 cash bonus for volunteering to fight in Ukraine.

Other regions have similarly made extravagant increases to their signing bonuses and are adding extra cash to recruits’ lavish monthly salaries. But few volunteers live long enough to collect their regular pay: one recent report estimated the average life expectancy of a Russian recruit to be just one month after signing a contract.

Worse still for the Kremlin, even as the payroll and golden handshake costs rise, Russia’s economic might is shrinking. This puts Putin in a tight financial corner—and Ukraine, the United States, and the Europeans hold all the cards.

To end the war, Trump must make Putin pay an exponentially higher price for it.

Ukraine has taken the first step, targeting Russia’s ability to refine oil. No military or society can function for very long without diesel and gasoline, and Ukraine’s planners have clearly identified this weak point in the Kremlin’s war economy.

In a series of spectacular drone attacks, they have struck Russian refining plants, doing significant damage to this key industry.

During his meeting with Trump on Friday, Zelensky stressed his country’s need to sustain this “oil war” with US-made weapons that can strike even deeper inside Russia.

So far, the White House has waffled on delivering this hardware—but Trump has told Putin that he was considering it. The US foot-dragging must end. Ukraine should have the ability to take out Russia’s major military-industrial targets.

Next, the United States and Europe must be more aggressive in eliminating Russia’s “shadow fleet” of oil tankers. This fleet consists of older, poorly insured vessels that operate outside of Western-imposed price caps on oil and regulatory oversight, effectively allowing Russia to sell its oil and fund its war while circumventing sanctions.

NATO’s navies can and must play a more aggressive role in seizing Russian tankers that violate international law and sanctions.

Finally, and perhaps most important, the United States must drop the hammer of secondary sanctions on countries that continue to buy Russian oil.

Trump has repeatedly called on Europeans to stop funding both sides of the Ukraine war, noting that while the European Union sends military aid to Ukraine with one hand, members like Hungary, Slovakia, and Austria have funneled billions to Russia through energy payments.

They need to halt this back-door support for the Kremlin—or pay a price for their stubbornness.

On October 6, Ukraine’s helpline for Russian servicemembers, “I Want To Live,” released what it claimed were internal Russian documents showing that 86,744 Russian soldiers were killed in Ukraine during the first eight months of 2025—an average of 10,842 per month.

In addition, 33,966 soldiers are missing, 158,529 were wounded, and 2,311 captured.

Saving lives in Ukraine will require Trump to play the strong cards at his disposal just as he did this month in the Middle East. But to make that move, he must first make it clear that he views Russia as the aggressor.

*Peter Doran is an adjunct senior fellow at the Foundation for Defense of Democracies, where Dmitriy Shapiro is a research analyst.*
https://nypost.com/2025/10/21/opinion/saving-lives-in-ukraine-will-require-trump-to-play-the-strong-cards-at-his-disposal/

New SurveyMonkey Study Reveals Key Insights on U.S. Workplace Culture

A recent study from SurveyMonkey shines a spotlight on emerging workplace trends that small business owners must navigate to foster a productive and engaged workforce. Conducted between July 25 and August 3, 2025, the survey sampled 3,573 full-time workers across the U.S., offering a snapshot of sentiments and preferences that can help businesses adapt their strategies in this evolving landscape.

The findings underscore a significant shift in employee expectations and workplace culture, driven by the ongoing effects of the pandemic and shifts in work dynamics. Small business owners need to stay attuned to these trends to not only retain talent but also enhance overall employee satisfaction.

### Flexible Work Environment: A Must-Have

One of the standout revelations from the SurveyMonkey study is the increasing demand for flexible work arrangements. Nearly 50% of respondents indicated that the option to work remotely is a critical factor in their job satisfaction. This trend underscores the importance of offering flexibility, particularly as many employees have grown accustomed to hybrid work models that blend remote and in-office hours.

“Flexibility in the workplace is no longer a perk; it’s an expectation,” said a spokesperson from SurveyMonkey. For small business owners, adapting to this trend may involve rethinking traditional office space allocations or investing in remote collaboration tools.

### Employee Well-being Takes Center Stage

Mental health and well-being emerged as crucial areas of focus. Workers noted a desire for employers to prioritize mental health resources and create an environment where employees feel safe to discuss their challenges. More than 60% of respondents expressed that supportive workplace cultures significantly improve their job performance.

Small business owners looking to harness this trend might consider implementing employee assistance programs or regular check-ins to ensure their staff feels supported.

“Invest in initiatives that promote well-being, and you’ll likely see productivity increases alongside improved morale,” the SurveyMonkey spokesperson added.

### The Importance of Career Development

Another key takeaway from the study is the growing appetite for career development opportunities. Employees voiced a need for training and advancement programs. More than half indicated that access to professional development significantly influences their job satisfaction and retention.

For small businesses, this presents a dual opportunity: not only can they cultivate talent from within, but they can also enhance their reputation as desirable employers. Offering workshops, mentorship programs, or online courses can be effective strategies for fostering a culture of growth.

### Navigating Potential Challenges

Despite these clear benefits, small business owners face challenges when adapting to these evolving expectations. Implementing flexible work arrangements, for instance, may require an upfront investment in technology and infrastructure. Additionally, ensuring mental health resources are both accessible and impactful can be a complex task.

Moreover, while the focus on career development is beneficial, small businesses must balance these offerings with budget constraints. Prioritizing which initiatives to implement based on available resources and employee needs will be crucial in ensuring sustainability and effectiveness.

### Fostering an Inclusive Culture

Diversity and inclusion remain at the forefront of workplace discussions, with employees increasingly seeking organizations that reflect their values. The data reflects that diverse workplaces are more innovative and attract a broader talent pool.

Small business owners should consider implementing inclusive hiring practices and fostering a welcoming environment to meet these expectations. Employees want to know that their voices are heard and that they can contribute to a workplace that values varied perspectives.

Initiatives like employee surveys, feedback loops, and outreach programs can help small businesses engage effectively with their workforce.

### Conclusion

The ongoing evolution of the workplace landscape presents both opportunities and challenges for small business owners. By integrating flexible work arrangements, prioritizing mental health, and investing in professional development, businesses can align with the shifting priorities of their employees.

Those who respond proactively to these trends will not only maintain a competitive edge but also create a thriving workplace culture conducive to long-term success.

For more insights from the SurveyMonkey study, visit [SurveyMonkey’s report](https://www.surveymonkey.com/).

*Image via Envato.*
https://smallbiztrends.com/new-surveymonkey-study-reveals-key-insights-on-u-s-workplace-culture/

Maine has the power to change food insecurity | Letter

With her open smile in the Oct. 12 paper (“Historic cuts to SNAP will affect thousands in Maine”), Ms. Nichole Mulrenin of South Portland admirably defies the stigma of food insecurity that persists in our society.

The article carefully reports a variety of perspectives on upcoming changes to SNAP and reveals how national food policy changes interact with economic policy to significantly affect local families.

The writers and photographers remove the lens of shame and reveal that we can act—through our votes, through our wallets, and through our own willingness—to look hunger in the face and see it for what it is: the result of an interconnected web of food policy that we, as citizens, have the power to change.
https://www.centralmaine.com/2025/10/20/maine-has-the-power-to-change-food-insecurity-letter/

Nissan Bets on All-New Leaf to Drive Its Corporate Revival

“The new Leaf has evolved in every aspect—performance, comfort, and efficiency,” said Nissan Japan Marketing Chief Zen Sugimoto.

The most notable feature is its extended driving range: over 700 kilometers on a single charge, roughly 40% longer than the previous model. Charging time has also been significantly reduced, allowing the car to travel up to 250 kilometers after just 15 minutes of charging. With government subsidies applied, the price will be around 3.5 million yen.

For Nissan, the Leaf is a symbolic vehicle. As the world’s first mass-produced electric car, it once shocked the global automotive industry. Former Prime Minister Junichiro Koizumi commented at the time, “I’m confident it will spread as we move toward a society free from oil dependence.” Former CEO Carlos Ghosn also declared, “As a zero-emission leader, Nissan Leaf marks the first step toward a new era.”

However, the early bet on EVs faced challenges—charging infrastructure lagged behind, and the driving range fell short of consumer expectations. During that time, Tesla rapidly expanded with innovative production methods and cutting-edge technology, rising to dominance in the EV market.

Now that electric vehicles are gradually becoming mainstream in Japan, competition has intensified. Honda recently introduced a mini EV, Suzuki plans to enter the market with a compact EV, and China’s BYD is set to launch its own mini electric model in Japan next year.

Meanwhile, Nissan has been struggling financially, reporting massive net losses, closing seven factories, and cutting 20,000 jobs as part of restructuring measures. The Leaf now represents the company’s hope for revival.

“We take pride in leading Nissan’s brand through electric vehicles,” Sugimoto said. “With this Leaf, we aim to create a world that embodies Re: Nissan.”

Whether the new Leaf can become the symbol of Nissan’s resurgence remains to be seen.
https://newsonjapan.com/article/147200.php