TechCrunch Mobility: Toyota makes a $1.5B bet on the startup ecosystem

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More than a month ago, I asked you, dear reader, how did you think that EV sales were September 30 when $ 7,500 Federal Tax Credit expired.

Now, still very early to say; We’re the last few days before the quarter. However, expired tax credit has given some automaker a bit of sales bump because customers ran to buy EV before the deadline.

Tesla, which has declined in sales growth, has just just registered The best quarter of delivery Ever in 497,099 vehicles. This is a huge 29% jump from the second trimester, increasing by about 7% compared to the same period last year and more than the amount it provided to a single quarter.

Ford motor, General motorAnd Hundai Also reported the record quarterly sales of EVS. Rivian Watched the delivery jumped 13,201 vehicles, 10,661, respectively and 8,640 from 8,640 and 8,640 in the first quarter.

This question is how the automackers will navigate the potential downturn in EV sales in this post-tax credit age? Rivian has already adjusted its guidance for 2025. Others may follow.

For automackers, how is the crooks to get rid of the inventory without reducing or removing the new 2026 models (and deepening the losses in some cases)?

A little bird

The Power section 321 Clean Energy has canceled the project but not sharing the details with TechCrunch or the public. Fortunately, a small bird Has shared the full list of prizes The Trump administration canceled, and the results were revealed.

Overall, the canceled awards carry a total of $ 7.56 billion in California, with the $ 2.2 billion dollar grant, which has $ 630 million grid-modernization programs that can become a template for the nation. Colorado, Illinois, Massachusetts, Minnesota, New York and Oregon lost the top eight goals each $ 300 million to $ 600 million.

It was not far from the list that a red state was pop -up. Actually, most of the projects were set up in the states that have reported many media outlets in the last presidential election, many media outlets reported after the Office of Management and Budget Chief Russell Vont Tweet As much as

Even in the Blue State some awards are stuck, perhaps due to political connection with the Trump administration or because of marginal interest. Whatever the case, the DOE step suggests that the government can be a less reliable partner for business, especially for small startups.

Have a tip for us? Email at Korstene Korosec kersten.korosec@techcranch.com Or e -mail my signal, or shan o’kan on Caucorosec .07 sean.okane@techcranch.comThe

Deal!

Toyota When someone thinks about startups, it may not be the first company that spreads to the mind. But it should probably be.

Japanese car makers committed $ 1.5 billion in new capital To concentrate on the life cycle of startups and investment – from the first seed of the discovery in the mature companies in its growth phase and eventually.

Has created a strategic investment agency called Toyota Toyota Discovering Partner CoThe With about $ 670 million in capital Woven capital The second has launched $ 800 million funds.

I talked about Toyota’s capital promise and its investment strategy with the woven capital general partner George Kellerman. He described the Toyota innovative partners as a type of bookend to other investment companies in the company. See my article to find out whyThe

Other Deals that have attracted my attention …

Remember LawyardIs Swedish Startup known for its unusual appearance of electronic and autonomous pods? The company is still plugging and is now Raised $ 100 million Its largest shareholder, including EQUT Ventures, from several new and existing investors. These rise included an undisclosed strategic investment from the quantum computing company Ionquiu. It is worth mentioning that when a lot of $ 100 million coins, it is much less than $ 500 million as the equity raised a few years ago.

ElectrophloA startup is developing a cheap alfp battery, Raising $ 10 million A seed round led by Union Square Venture and Voyager is fifty years and including the participation of Harpun Venture.

FlySan Francisco-based AI-Far-Car-Dillarship Startup, Raising a $ 4.5 million seed round Lease Wessell led by the first round capital. The YC, Redblu Capital, Joe Montana have also joined 2 initiatives and efforts to innovate.

Under the Trump administration this extremely unusual agreement is becoming more common. The Power section To accept an 5% equity steak In the Canadian company Lithium America And a 5% part of the joint venture of its nevada mining General motor As part of a $ 2.26 billion Federal Loan Voan renewal. It follows the Federal Government to take part in equity Intel And MPThe

The UK government will guarantee Commercial bank loan £ 1.5 billion ($ 2 billion) for Carmeting giants Jaguar Land Rover After a hack, the company forces to close its production lines and leaves the downhill suppliers at the risk of bankruptcy.

Fund of deep technology in the early stages Wave function initiative It’s off first $ 15.1 Millions of dollarsThe Senior Reporter Shan O’Can’s Founder Profile Jamie And his path from Aerospace Engineer to VC.

Significant lessons and other TDBITS

Two Amazon Prime Air Delivery Drones collided with a crane boom near its same day site in Arizona’s Toltson-a commercial location of the organization. Federal agencies are investigating, and after giving temporary breaks, The Amazon service has restartedThe

Dord Has spent years of working on a Autonomous distribution robot It can navigate roads, bike lanes and footpaths. Senior AI Reporter Max Jeff “Dot” and spent time with Rege of AshuAmazon -owned AV agency is a former executive of the zoo, who is now led by Dordash’s autonomy department.

Faraday Future Still exists and we know it because one of the electronic SUVs in the unstable EV startup caught fire at its Los Angeles headquarters, Directed toward an explosion It blows some parts of a wall.

The Crackdown of the Trump administration in Chicago is Gig economy affectedFounder of E-Bike Subscription Startup Whistle Tell TechCrunch.

Wemo Score Regulatory win Received an extension in New York City and for its examination permission.

WestjetCanada’s second largest airline, says 1.2 million passengers had personal information Stealing a cybertack And breach of data.

Jamex Will start mapping Washington, DC’s road., This year it ramp as it started examining its self-driving vehicles in the country’s capital.

One more thing…

TechCrunch Disruption 2025Just a few weeks away. I hope you come and say hi! And yes, some significant transport thinks who will stay on our stage, including Wemo Co-CEO Tacadra, Gauge Founder and CEO Rackle, Wave Co-founder and CEO Alex kendallAnd Slate CEO Chris BermanThe

In the weeks to move towards the event, we are displaying a few of the Startup Battlefield 200 companies, including HansA startup working on short energy-taking, on-division processing that has already attracted Intel’s preferences.