February 25th, 2020 Xconomy Boston — Genentech is the latest company to enter a drug discovery partnership with Bicycle Therapeutics, adding a new alliance in cancer research for the clinical-stage biotech. Under an agreement announced Tuesday, Roche subsidiary Genentech is paying Bicycle (NASDAQ: BCYC) $30 million up front. As programs progress, Bicycle could earn up… Continue reading Bicycle Therapeutics Lands $30M From Genentech in New Cancer R&D Pact
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U.S. agency suspends self-driving shuttle EasyMile in 10 U.S. states
FILE PHOTO: An EasyMile EZ10 shared autonomous vehicle is seen during a deployment demonstration at Bishop Ranch in San Ramon, California March 6, 2017. REUTERS/Stephen Lam/File Photo WASHINGTON (Reuters) – U.S. auto safety regulators said on Tuesday they had ordered a suspension of passenger operations for 16 autonomous shuttles operated by French-based EasyMile after a… Continue reading U.S. agency suspends self-driving shuttle EasyMile in 10 U.S. states
Renault returns to old urban EV formula: Twingo minicar with tiny 22-kWh battery
Renault has sold nearly 4 million units of its gas-powered Twingo city car. That experience over nearly two decades taught the French automaker what makes a winning Euro-chic city car. Renault will try to leverage those insights with the all-electric Twingo ZE. The formula is urban maneuverability and a 22-kilowatt-hour battery pack that can fill… Continue reading Renault returns to old urban EV formula: Twingo minicar with tiny 22-kWh battery
Tesla, and even Apple, get some blame for fatal crash on Autopilot, says NTSB
Tesla, and even Apple, are receiving some harsh criticism from the NTSB regarding a fatal crash on Autopilot in 2018. As we reported yesterday, the National Transportation Safety Board (NTSB) held a board meeting today “to determine the probable cause of the fatal crash.” The crash in question happened on March 23, 2018. A Model… Continue reading Tesla, and even Apple, get some blame for fatal crash on Autopilot, says NTSB
Utility company commits to buying Lordstown Motors truck
Detroit — Electric utility company FirstEnergy plans to purchase 250 of Lordstown Motors Corp.’s electric pickup truck, the start-up company said Tuesday. Lordstown Motors purchased the former General Motors Co. Lordstown Assembly complex in northeast Ohio last fall and has since been working to prepare the plant, the product and to persuade customers to purchase the Endurance electric… Continue reading Utility company commits to buying Lordstown Motors truck
BCA digital sales up as used car values increase YoY
Digital sales at BCA increased by 23% across the board compared to January last year, as average used car values rose. Stuart Pearson BCA COO UK Remarketing said: “Online trading played a significant role during January with sold volumes rising by a significant 23% compared to January last year.” Also, average used car values returned… Continue reading BCA digital sales up as used car values increase YoY
Greenlots partners with Ivy Charging Network in Ontario
Greenlots, a provider of charging and energy management solutions that was acquired by Shell last year, has partnered with Ivy Charging Network, a fast charging network recently launched by utilities Hydro One and Ontario Power Generation (OPG). The new deal includes the installation of 100 DC fast chargers (DCFCs) at 43 sites along major highway… Continue reading Greenlots partners with Ivy Charging Network in Ontario
The Deal With Tesla Is Key For FCA’s CO2 Emission Compliance Plan
After years of neglect of electrification, Fiat Chrysler Automobiles (FCA) in Europe (European Union to be precise) faces trouble with meeting requirements to lower the average emission of new car sales to 95 grams of CO2 per kilometer from 2020. The company has shown in its own report that it is unable to comply using… Continue reading The Deal With Tesla Is Key For FCA’s CO2 Emission Compliance Plan
Tesla Model Y May Have Bigger Cast Parts Than Expected
While the Tesla Model Y deliveries will start in just a few days, we are still trying to anticipate the juicy technical details it still hides. How will Tesla cut down on wire harnesses? What role will casting play in its body construction? This last question had the contribution of many experts that got in touch… Continue reading Tesla Model Y May Have Bigger Cast Parts Than Expected
Mercedes-Benz Electrifies Its Compact Models
Mercedes-Benz is on a final straight to electrify its compact car models – some will be electric, some plug-in hybrid. The German manufacturer said that the new plug-in hybrids will debut at the 2020 Geneva Motor Show, featuring the third-generation hybrid powertrain. The all-electric Mercedes-Benz EQA, which is a sibling of the GLA, will be… Continue reading Mercedes-Benz Electrifies Its Compact Models