A joint venture between Renault and Geely seems to be targeting the Toyota juggernaut. Toyota hopes to get closer to hydrogen fuel cell profitability this decade, infrastructure aside. And there’s some pricing news for the F-150 Lightning, and it’s not another price hike. This and more, here at Green Car Reports.
Ford is reportedly offering a $1,500 rebate on the 2023 F-150 Lightning in select regions. That’s after a series of price hikes that leave it costing nearly 50 per cent more, 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 challenging Toyota for hybrid supremacy. Potentially also involving oil company Aramco, it “aims to become the leader in next-generation, highly efficient hybrid powertrain solutions to meet global demand for years to come.”
Meanwhile, Toyota is shifting its focus on hydrogen fuel cells to Europe and China, in addition to the United States, as it aims for cost reductions and even profitability of the technology. It is now looking to integrate fuel cell systems into 100,000 vehicles per year by 2030. _______________________________________
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