Category: News Site

FDA Rejects Enzyvant’s Regenerative Therapy for Rare Immune Disorder

December 5th, 2019 Xconomy Boston —  [Corrected 12:27 p.m. See below.] The FDA has rejected an experimental regenerative therapy that Enzyvant developed to restore immune system function in babies born with a rare disorder. The agency cited manufacturing issues, according to the company. Enzyvant received the notification, formally known as a complete response letter, on… Continue reading FDA Rejects Enzyvant’s Regenerative Therapy for Rare Immune Disorder

LG Chem and GM to invest $2+B for Ohio battery factory, Cadillac EV on tap

In July it was announced that LG Chem was working on a potential new billion-dollar US battery cell factory for electric cars. Today in a security filing in South Korea, LG Chem confirmed that investment, and that GM will invest another billion. Reuters reports that the location is expected to be in the area of… Continue reading LG Chem and GM to invest $2+B for Ohio battery factory, Cadillac EV on tap

Nissan orders two-day furlough for U.S. workers to cut costs

Gabrielle Coppola, Bloomberg Published 12:05 p.m. ET Dec. 5, 2019 | Updated 12:09 p.m. ET Dec. 5, 2019 Nissan Motor Co. ordered a furlough of employees for two days at the beginning of January, the latest cost-cutting move as U.S. sales continue to slide. Nissan North America is closing U.S. offices on Jan. 2 and… Continue reading Nissan orders two-day furlough for U.S. workers to cut costs

Dealers see longer lead times for new cars

Motorists must wait longer than ever for new cars to be built, with only one popular model now available to buy new from a physical dealership and receive in time for Christmas. BuyaCar.co.uk researchers investigated ‘lead times’ – how long it takes between ordering a new car and receiving it – for a number of… Continue reading Dealers see longer lead times for new cars

More Details On The All-Electric Ford F-150 Revealed Via Patent App

It seems the upcoming Ford F-150 EV will have “size, strength, and power,” Ford has already made it abundantly clear that it’s working on an all-electric variant of its top-selling pickup truck. While the American Big Three automaker has proven that the upcoming F-150 EV can tow over one million pounds, it hasn’t divulged much… Continue reading More Details On The All-Electric Ford F-150 Revealed Via Patent App

Hyundai Strategy 2025: 670,000 BEVs/FCEVs Annually By 2025

Hyundai bets on mostly battery-electric cars in its new strategic plan. Hyundai recently announced a bold business plan – “Strategy 2025” – which outlines the goals for 2025 and beyond. Electrification is one of the three strategic directions. The South Korean brand aims to become one of the top three EV manufacturers by 2025. Sales… Continue reading Hyundai Strategy 2025: 670,000 BEVs/FCEVs Annually By 2025

Infinitum Electric Creates A Motor With a Printed-Circuit-Board Stator

It is much lighter than a conventional one and reduces copper and iron use. Genius ideas usually are so simple you start to wonder after seeing them: Why did no one think about this before? This is precisely what we felt after seeing what Infinitum Electric has created: a printed circuit board stator. It saves… Continue reading Infinitum Electric Creates A Motor With a Printed-Circuit-Board Stator

Nissan to close U.S. operations for two days next month

FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su (Reuters) – Japan’s No. 2 automaker Nissan Motor Co (7201.T) said on Thursday its U.S. unit would halt operations for two days next month, as the company tries to reverse a slide in profitability in… Continue reading Nissan to close U.S. operations for two days next month