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

1. Tesla delivered a record 497,099 electric vehicles in Q3 2022, marking a 29% increase from the previous quarter and a 7% rise year-over-year. Other automakers like Ford Motor, General Motors, Hyundai, and Rivian also reported record EV sales during this period.

2. The expiration of the $7,500 federal tax credit for electric vehicles has raised questions about how automakers will manage potential slowdowns in sales and inventory management in the post-tax credit era. Some companies have already adjusted their 2025 guidance downward.

3. The U.S. Department of Energy canceled 321 clean energy projects, with California suffering a loss of $2.2 billion in grants. This move could indicate a less reliable partnership between the government and businesses, particularly startups.
Summary
Tesla reported a record 497,099 electric vehicle sales in Q3 2022, marking a 29% increase from the previous quarter and a 7% year-on-year rise. Other automakers like Ford, General Motors, Hyundai, and Rivian also saw record EV sales during this period. However, concerns have arisen regarding the
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ID: 3c99d260-766e-4f68-bc22-f46bc5b39a27

Category ID: listed_summary

URL: https://techcrunch.com/2025/10/05/techcrunch-mobility-toyota-makes-a-1-5b-bet-on-the-startup-ecosystem/#summary

Date: Oct. 6, 2025

Notes: 2025-10-06

Created: 2025/10/06 10:20

Updated: 2025/12/08 01:09

Last Read: 2025/10/07 08:09

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