
Christoph Meier, a sound engineer at Mercedes-Benz parent Daimler AG, typically spends time making engine noise less jarring. For the carmaker’s new electric models, he’s had to do the opposite — create sound.

Christoph Meier, a sound engineer at Mercedes-Benz parent Daimler AG, typically spends time making engine noise less jarring. For the carmaker’s new electric models, he’s had to do the opposite — create sound.

Toyota Motor Corp. said it has cut the cost of the fuel cell system in its next hydrogen-powered car by almost $1 million, putting it on course to launch a mid-sized sedan in 2015 with a price below $100,000.

The chairman of Toyota said today that the automaker will stick to its goal of selling a fuel cell electric sedan in 2015 so that investments in hydrogen stations are not wasted.

A U.S. alternative-vehicle loan program criticized by Republican lawmakers for financing two failed start-ups will resume marketing to industry groups and possible applicants, an Energy Department spokeswoman said.