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

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By Dipa Biswash

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Welcome back Techcatch mobilityYour center for everything is “the future of transportation”. To get it in your inbox, sign up here for free – simply click TechCrunch Mobility!

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 sales growth, has just registered in the best quarter of delivery on 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 Delivery jumped in the second and first quarters respectively to 10,661 and 8,640 to 13,201 vehicles respectively.

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)?

TechCrunch event

San Francisco
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October 27-29, 2025

A little bird

Blinky cat bird is green
Figure Credit:Brees Derbin

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 the rewards that the Trump administration has shared the full list of rewards and is releasing the results.

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!

Station money
Figure Credit:Brees Derbin

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

Japanese Automaker is committing $ 1.5 billion to focus on the life cycle of startups – from the first seed of invention in the mature company in its growth 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 why.

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 now its largest shareholder has collected $ 100 million from a number of new and existing investors, including EQUIT Ventures. 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 cheap LFP battery developer is a startup, union square vencher and a seed round led by Voyager have collected 10 million and participated in fifty years and Herpon Venture.

FlySan Francisco-based AI-Far-Dellership Startup, a $ 4.5 million seed round, led by Liz Wessell in the first round’s 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 5% of the Equity participated 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 the LOAN WEABLE of $ 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 Its first fund has stopped $ 15.1 million. Senior Reporter Shan O’Can’s Founder Profile Jamie And his path from Aerospace Engineer to VC.

Significant lessons and other TDBITS

Figure Credit:Brees Derbin

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 temporary breaks, the Amazon service has restarted.

Dord Working on an autonomous delivery robot has spent several years that can navigate roads, bike lanes and pavement. Senior AI Reporter Max Jeff “Dot” and spent time with RazorAmazon -owned AV agency is a former executive of the zoo, who is now led by Dordash’s autonomy department.

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

The founder of the Trump administration’s crackdown e-bike in Chicago is affecting Gig Economy Whistle Tell TechCrunch.

Wemo New York City has achieved a controller win and has received an extension for its examination permission.

WestjetCanada’s second largest airline says that the personal information of 1.2 million passengers was stolen in cybertac and data violations.

Zoo Washington will start mapping the roads in DC, as it has created ramps to start its self-driving vehicle test this year 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 Tachadra Mawakana, Wab 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.

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