A joint venture between Renault and Geely appears to target Toyota’s juggernaut. Toyota hopes to edge closer to hydrogen fuel-cell profitability this decade—infrastructure aside. And there’s F-150 Lightning pricing news, and it’s not another price hike. This and more, here at Green Car Reports.
Ford is reportedly offering a $1,500 discount on the 2023 F-150 Lightning
in some regions. That’s after a series of price hikes that leave it costing nearly 50% higher, in its base Lightning Pro version, than it originally did for 2022.
A $7.7 billion joint venture between Renault and Volvo and Polestar parent Geely appears to be taking on Toyota for hybrid supremacy
. Potentially also involving the oil company Aramco, it “aims to become the leader in next-generation hybrid and highly efficient powertrain solutions to meet worldwide demand for the years to come.”
Meanwhile, Toyota is shifting its hydrogen fuel-cell attention toward Europe and China—in addition to the U.S.—as it targets cost reductions and even profitability for the tech. It’s now seeking to get fuel-cell systems into 100,000 vehicles annually by 2030. _______________________________________
Follow Green Car Reports on Facebook and Twitter
Green Car Reports Newsletter
Sign up to get the latest green car and environmental news, delivered to your inbox daily!
I agree to receive emails from Green Car Reports. I understand that I can unsubscribe at any time. Privacy Policy.