Joby Aviation Raises $500 Million from Toyota
Toyota boosts its investment in air taxi company Joby Aviation by another $500 million
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi company's commercial business off the ground. Toyota's investment will be used to support certification and production of Joby's electric air taxi,
Toyota pours another $500M into electric air taxi startup Joby Aviation
Toyota is doubling down on Joby Aviation with a $500 million investment into the California-based company that's developing electric air taxis. Toyota's
Toyota Is Betting on This Air Taxi Startup
Air taxis are still expected to be a big industry, but they now face competition from robotaxis. Here’s how far along this tech is.
Joby Aviation’s Electric Air Taxi Prepares For Takeoff
The California-based eVTOL startup is moving forward with manufacturing plans to produce electric air taxis, with help from Toyota, Uber and Delta Airlines.
Toyota invests $500 million in air taxi startup Joby
Under the $500 million investment, Joby will use the funding to certify its aircraft and shift to commercial production. This investment brings Toyota’s total funding to $894 million. The current investment will be in two tranches — the first made later this year and the second in 2025.
Toyota to invest $500 million in electric air taxi company Joby Aviation
Toyota Motor said Wednesday it will invest another $500 million in Joby Aviation to support certification and commercial production of Joby’s electric air taxi. The Japanese automaker's new funding is on top of $394 million in prior investments it made in Joby and is part of a strategic alliance on commercial manufacturing.
Toyota invests more in electric air-taxi firm
"Toyota invests more in electric air-taxi firm" was originally created and published by Just Auto, a GlobalData owned brand.
Toyota pours $500M into air taxi company
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Toyota puts another $500 million in an air taxi startup
Toyota is investing another $500 million into Joby Aviation to support the air taxi startup’s certification and commercial production of electric VTOL (vertical takeoff and landing) aircrafts for use in a ride-hailing service. The automaker has now invested a total of $894 million since 2018.
Toyota to Invest $500M More in Joby Air Taxis as the Companies Work ‘Side by Side’ in California
Toyota, whose U.S. HQ is in Plano, took its eyes off the road long enough to scan the skies and invest $500 million more in California-based Joby, for a total of $894 million it's invested to date. The investment is aimed at "realizing the two companies’ shared vision of air mobility,
Toyota Boosts Investment in Air Taxi Maker Joby Aviation
Japanese automaker Toyota is boosting its investment in Joby Aviation by $500 million, bringing its total investment in the air taxi manufacturer to $894 million. Joby CEO JoeBen Bevirt joins Caroline Hyde and Ed Ludlow on ".
I toured an electric 'air taxi' that plans to launch in New York and Los Angeles as soon as 2025. See inside.
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