- As the federal tax credit for electric vehicles expired on September 30, automakers experienced a sales bump. Tesla achieved its best quarter ever with 497,099 deliveries, while Ford, General Motors, Hyundai, and Rivian also reported record sales.
- The Department of Energy canceled $7.56 billion in clean energy projects. California lost $2.2 billion, with other states affected. The cancellations raised questions about political influence in award decisions and the reliability of government partnerships for business.
- Toyota is investing $1.5 billion in startups across all stages of development. The company launched a strategic investment subsidiary and a growth-stage venture arm. This move highlights Toyota’s commitment to nurturing innovation and supporting the startup ecosystem.
- Amazon Prime Air drones collided in Arizona, prompting a federal investigation. DoorDash unveiled an autonomous delivery robot, while Faraday Future faced a vehicle fire incident. The gig economy felt the impact of the Trump administration’s actions, and Waymo secured a regulatory win in NYC.
- WestJet airline suffered a cyberattack affecting 1.2 million passengers. Zoox will map Washington, D.C. streets for self-driving vehicle testing. TechCrunch Disrupt 2025 is approaching, featuring key players in the transportation industry and innovative startups like Hance.
Read more at Yahoo Finance: Toyota makes a $1.5B bet on the startup ecosystem