Toyota Boosts Investment In Joby By $500M To Support Electric Air Taxi

joby evtols

Parts made by Toyota Motors are flowing to Joby’s eVTOL pilot production line in Marina, California.

Credit: Joby Aviation
Japanese automaker Toyota has agreed to invest an additional $500 million in Joby Aviation, with the funding to support certification and commercial production of the U.S. startup’s electric air taxi. The companies also plan to establish a strategic manufacturing alliance to scale production of the...
Graham Warwick

Graham leads Aviation Week's coverage of technology, focusing on engineering and technology across the aerospace industry, with a special focus on identifying technologies of strategic importance to aviation, aerospace and defense.

Subscription Required

 

Toyota Boosts Investment In Joby By $500M To Support Electric Air Taxi is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.

Already a member of AWIN or subscribe to Advanced Air Mobility through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.