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Joby, Toyota
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 invests $500m in Joby Aviation’s eVTOL development
The investment strengthens a years-long relationship between the two manufacturers as Joby continues working towards type-certification of its eVTOL aircraft.
5d
Is Joby Aviation Stock Ready for Takeoff?
While Joby's stock has badly underperformed the S&P 500 in 2024 (see graph below), the long-term potential remains ...
autoevolution
2d
Toyota Pours Half a Billion Dollars Into eVTOL the USAF Is After
Japanese carmaker Toyota more than doubled its investment in Joby Aviation after it announced it will back the ...
Yahoo Finance
6d
Toyota Fuels Joby's eVTOL Dreams With Additional $500M Investment
Japan’s auto giant Toyota TM is investing another $500 million in California-based electric vertical takeoff and landing (
eVTOL
) company
Joby
Aviation
JOBY
. This capital injection is aimed at ...
2d
I toured an electric 'air taxi' that plans to launch in New York and Los Angeles as soon as 2025. See inside.
Joby wants to partner with airlines like Delta to connect airports and city centers in as little as seven minutes. Still, I'm ...
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