Nissan wants to talk about more than a way to drive at its soon-to-be-finished headquarters in North America.
The Japanese automaker is showing off "green" features of the US$100 million project as a kind of image signpost for car and truck buyers increasingly focused on environmental concerns.
The 10-story, S-shaped, headquarters opens in July, eventually for approximately 1,500 employees. Nissan North America, which increased annual sales by 4.5 percent to more than 1 million vehicles and a market share of 6.6 percent last year, is moving about 32km from a Nashville high-rise to a 20-hectare campus with a restored wetland.
PHOTO: AP
After relocating to the south from southern California, Nissan's own facilities engineers developed the headquarters with features aimed at showing a concern for the environment beyond stretching miles per gallon and cutting exhaust emissions.
A sci-fi sounding "light harvesting system" automatically dims or turns off interior lights in the 43,000m2 of offices. Sun shades outside -- sort of like reflective visors -- with computer-designed blades direct sunlight to reduce glare and heat in the southern summer.
Air conditioning and heat are controlled through outlets at each work station.
"You heat the people and not the space," said Rob Traynham, the company's director of corporate services.
Nissan engineers say the headquarters should consume about 35 percent less energy than a conventionally designed building. Citing fluctuating energy costs, the company declined to estimate how long it will take for savings in energy bills to offset the cost of the environmental features.
Outside the glass-covered building, Nissan is restoring a 1 hectare wetland. Tens of thousands of native Tennessee plants, including iris, button bush and rushes, are already growing there.
And there's greenery almost everywhere else on space that would have been paved if not for a parking deck tucked at one end of the 100m-long building.
David Cole, chairman of the Center for Automotive Research in Michigan, says carmakers share a zeal to show customers they are "green" on and off the road and a new headquarters is a good place to show their commitment.
"Particularly in the current environment, where it is much more fashionable to be green in everything you do, that's a big deal," Cole said.
The US dollar was trading at NT$29.7 at 10am today on the Taipei Foreign Exchange, as the New Taiwan dollar gained NT$1.364 from the previous close last week. The NT dollar continued to rise today, after surging 3.07 percent on Friday. After opening at NT$30.91, the NT dollar gained more than NT$1 in just 15 minutes, briefly passing the NT$30 mark. Before the US Department of the Treasury's semi-annual currency report came out, expectations that the NT dollar would keep rising were already building. The NT dollar on Friday closed at NT$31.064, up by NT$0.953 — a 3.07 percent single-day gain. Today,
‘SHORT TERM’: The local currency would likely remain strong in the near term, driven by anticipated US trade pressure, capital inflows and expectations of a US Fed rate cut The US dollar is expected to fall below NT$30 in the near term, as traders anticipate increased pressure from Washington for Taiwan to allow the New Taiwan dollar to appreciate, Cathay United Bank (國泰世華銀行) chief economist Lin Chi-chao (林啟超) said. Following a sharp drop in the greenback against the NT dollar on Friday, Lin told the Central News Agency that the local currency is likely to remain strong in the short term, driven in part by market psychology surrounding anticipated US policy pressure. On Friday, the US dollar fell NT$0.953, or 3.07 percent, closing at NT$31.064 — its lowest level since Jan.
The New Taiwan dollar and Taiwanese stocks surged on signs that trade tensions between the world’s top two economies might start easing and as US tech earnings boosted the outlook of the nation’s semiconductor exports. The NT dollar strengthened as much as 3.8 percent versus the US dollar to 30.815, the biggest intraday gain since January 2011, closing at NT$31.064. The benchmark TAIEX jumped 2.73 percent to outperform the region’s equity gauges. Outlook for global trade improved after China said it is assessing possible trade talks with the US, providing a boost for the nation’s currency and shares. As the NT dollar
The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of dollars in US bond investments. The commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening NT dollar has impacted their operations, people familiar with the matter said. The meeting took place as the NT dollar jumped as much as 5 percent yesterday, its biggest intraday gain in more than three decades. The local currency surged as exporters rushed to