Mobility Techcrunch: Toyota makes a bet of $ 1.5 billion on the starting ecosystem

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More than a month ago, I asked you, dear reader, how I thought EV sales would play as soon as the Federal Tax Credit of $ 7500 on September 30. Most of those who responded to the survey expected that EV sales would fall on a slope.

Now, it is too early to tell him yet; We are just a few days away from the end of the quarter. However, tax credit ended its validity, granting many car manufacturers a little bit of sales stumbling, as consumers raced to buy EVS before the deadline.

Tesla, which witnessed a decrease in sales growth, has just registered The best quarter of delivery Ever in 497,099 vehicles. This is a huge leap by 29 % of the second quarter, about 7 % increased during the same period last year, and more than it is delivered in one quarter.

Ford Motorand General MotorsAnd Hyundai I also mentioned the quarterly records of EVS. Rural Watch the delivery of jumping To 13.201 vehicles, a height of 10661 and 8,640 in the second and first quarters, respectively.

The question that is waving on the horizon is how will automobile companies move a potential slowdown in EV sales in the era of credit after this tax? Rivian has already modified its guidelines for 2025. others may follow.

The essence of car manufacturers is how to get rid of inventory, as the new 2026 models come without reducing or removing profit margins (and in some cases deepening losses)?

birdie

the Ministry of Energy 321 cleaning projects were canceled, but he did not share details with Techcrunch or audience. Fortunately, a small bird Share the full list of awards The Trump administration was canceled, and revealed the results.

In all, the total prizes that were canceled reached $ 7.56 billion, as California endured the largest burden, and lost its value of $ 2.2 billion, including the 630 million dollar program that could become a template for the nation. Colorado, Illinois, Massachusetts, Minnesota, New York and Oregon collected the first eight places, losing between $ 300 million and 600 million dollars each.

It was not even far from the list on which a red situation appeared. In fact, the majority of projects were identified in the states that voted in favor of Kamala Harris in the recent presidential elections, which was reported by many media outlets after the position of the head of the administration and the budget, Russell Fion Tweet As much.

But even in the blue states, some awards are held, perhaps because of the political ties with the Trump administration or alignment interests. Whatever the situation, this step by the Ministry of Energy indicates that the government may be a less reliable partner for companies, especially small startups.

Do you have advice to us? Email Kirsten Korosec in [email protected] Or a sign at Kkorosec.07, or Sean O’Kane Email in [email protected].

Deals!

Toyota It may not be the first company to separate when one thinks about startups. But it may be.

Japanese auto industry company is committed $ 1.5 billion in new capital To focus, investment, the life cycle of startups – from the first seeds of invention through the growth phase and ultimately to mature companies.

Toyota has established a subsidiary for strategic investment called Toyota invention partners. With about 670 million dollars in the capital, while its arm is in the growth stage Woven capital She launched a second fund worth $ 800 million.

She spoke to the general partner woven from the capital, George Kelman, about the capital’s commitment to Toyota and its investment strategy. Toyota partners described the invention of partners as a kind of some kind of company’s investment institutions. Check my article to find out the reason.

Other deals caught my attention …

Remember InraidSwedish emerging, known as the unusual electric and independent pods? The company is still connected and it is now Baccalanciously $ 100 million Of many new and current investors, including the largest shareholder, EQT Ventures. The increase included an unveiled strategic investment from IonQ. It should be noted that although $ 100 million is a lot of coin, it is much lower than $ 500 million in the stocks and debts you raised a few years ago.

ElectroflowAn young company that develops the cheaper LFP battery, A collection of 10 million dollars On a seed tour led by Union Square Ventures and Voyageer with the participation of fifty years and Harpoon Ventures.

FlyIt is AI-For-Carhips, which is based in San Francisco, I collected a seed tour of $ 4.5 million Lez Wesl in the capital, the first round. YC, Redblue Capital, Joe Montana’s Liquid 2 joined, and innovation endeavors.

This very unusual deal has become more common under the Trump administration. the Ministry of Energy take 5 % property rights share In the Canadian company The American Lithium And the 5 % stake in the Nevada mining joint project with General Motors As part of a 2.26 billion dollar federal loan negotiations. This is followed by the federal government that takes shares in Intel and MP materials.

The UK government will guarantee a A commercial bank loan of 1.5 billion pounds (2 billion dollars) for the automotive giant Jaguar Land Rover After hacking the company forced the company to stop production lines and leave the suppliers in the direction of the river course at the risk of bankruptcy.

Deep Technology Fund in the early stage Wave function projects Close the first A fund worth $ 15.1 million. The first correspondent Sean Okan defines his institution Jimmy Gul And its path is from the flight engineer to VC.

Promise readings and other tales

two Amazon Prime Air Delivery drones collided with a crane mutation near its location on the same day in Tolleson, Arizona-the company’s commercial website. Federal agencies are investigating, after temporary stopping, The Amazon re -operated the service.

Doordash He spent years working on Independent delivery robot It can move on the roads, cycling and sidewalks. The ancient artificial intelligence correspondent MAX has spent some time with “dot” and Asho Reg.For a former executive of the Amazon -owned AV Zoox company, which is now leading the Independence Department of DooDash.

Faraday future It still exists and we know this because one of the turbulent EV Startup electric cars in which it caught fire at its headquarters in Los Angeles, Which leads to an explosion Which blew part of the wall.

Trump administration campaign in Chicago It affects the concert economyFounder of starting the subscription to the electronic bike zoom He tells techcrunch.

And emo Register a Organizational victory In New York City and received an extension of the test permit.

WestThe second largest airline in Canada, said that the personal information amounting to 1.2 million passengers was It was stolen in an electronic attack And break the data.

Zoo Maps will start drawing Washington streets of Washington. It also explodes to start testing its self -driving cars in the country’s capital this year.

Another thing …

Techcrunch crashes 2025It is just a few weeks away. I hope you come and say hello! And yes, there are some people who are worthy of observation who will be on our stage, including And emo CO-CEO Takedraand Dad Founder and CEO Rakil Ortasonand Road Participant founder and CEO Alex KendallAnd Regulation CEO Chris Parman.

In the weeks before this event, we presented some Startup Battlefield 200 companies, including HanceAn emerging company working on low energy treatment, which has already been attracted like Intel.