USA News Journal

Toyota’s Hybrid-First EV Strategy Pays Off Even as Tariffs Bite Into Profit

Toyota’s Hybrid-First EV Strategy Pays Off Even as Tariffs Bite Into Profit

Toyota has long been criticized for its cautious embrace of electric vehicles. But amid slowing demand, tariffs and the phase-out of tax incentives, the world’s largest automaker’s deliberate approach looks increasingly like a smart hedge. The Japanese automaker reported yesterday (Nov. 5) that it sold 4.78 million vehicles globally between April and September, up 12…

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Rivian Spins Off a Robotics Startup to Foray Into Physical A.I.

Rivian Spins Off a Robotics Startup to Foray Into Physical A.I.

Rivian, the electric vehicle maker known for its sleek, adventure-ready designs, is venturing into robotics. The Irvine, Calif.-based company’s newest spinoff, Mind Robotics, focuses on applying A.I.-powered robots to industrial settings. The spun-off entity has already raised $115 million in funding. Mind Robotics was unveiled during Rivian’s third-quarter earnings yesterday (Nov. 4). Rivian reported $1.5…

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