U.S. Invests in Intel's Secure Enclave Tech; GM, Toyota, Hyundai, Kia Report Strong EV Sales
The U.S. government has made a substantial investment in Intel's secure enclave technology, while automakers like GM, Toyota, Hyundai, and Kia have reported significant sales figures, particularly in electric vehicles (EVs).
The U.S. government's direct investment of billions in Intel's secure enclave technology signals a push to strengthen industries like semiconductor manufacturing, supporting national security and economic goals.
In the automotive sector, GM's EV sales, including the Hummer EV, surged in Q3, with the Cadillac Escalade IQ, Optiq, and Vistiq selling over 10,000 units combined. Meanwhile, Toyota and Lexus U.S. sales jumped by 14% and 19% respectively in September, driven by the Lexus TX and Toyota Grand Highlander.
Hyundai and Kia both achieved record third-quarter results, with a remarkable 90% spike in Ioniq 5 sales compared to last year. However, Ford's Q3 2025 sales of the Ford Edge dropped to zero, despite recording over 3,000 sales in the first two quarters.
The final quarter of federal electric vehicle credits in the United States ended, leading to a spike in EV sales as customers rushed to buy vehicles before the credits expired.
Government investments in critical technologies and the shift towards electric vehicles continue to shape the automotive industry. As EV credits expire, manufacturers and consumers alike must adapt to new market dynamics.
