Toyota invests $500M in Joby to support eVTOL air taxi production
WEB22 hours ago · Toyota’s investment in Joby eVTOLs reaches $894 million. Per a recent release from Joby Aviation, Toyota Motor has committed to a new investment of $500 million which will be divided into two ...
Toyota to Invest $500 Million in Joby Aviation
WEB2 days ago · Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE: JOBY), a company developing electric air taxis for commercial passenger service, today announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby's electric air taxi, with the aim of realizing the two companies' shared vision of air mobility.
Toyota Fuels Joby's eVTOL Dreams With Additional $500M …
WEB1 day ago · In this article: 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 ...
Toyota Invests $500 Million in Air-Taxi Maker Joby Aviation
WEB1 day ago · By Daniel Cote. Joby Aviation. Toyota will invest another $500 million in eVTOL maker Joby to support the certification and production of its S4 electric air taxi. The Japanese automaker was an ...
Toyota boosts its investment in air taxi company Joby Aviation by ...
WEB2 days ago · Updated 6:49 AM PDT, October 2, 2024. 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, the companies said Wednesday ...
Toyota pours another $500M into electric air taxi startup
WEB2 days ago · October 2, 2024. 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 total investment in ...
Toyota backs air taxi startup Joby Aviation with $500M
WEB2 days ago · Driving the news: Joby secured the new funds from Toyota in a deal that will bring Toyota's total investment in the eVTOL company to $894 million. Toyota will own more than 20% of Joby after the second tranche of funds is fully invested in 2025, Joby CEO and founder JoeBen Bevirt tells Axios.
Toyota puts another $500 million in an air taxi startup
WEB2 days ago · 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...
Toyota Agrees to $500M Investment in Joby's eVTOL Aircraft
WEB2 days ago · Automotive group Toyota is Joby Aviation's biggest financial backer and is helping it to establish production capability for its four-passenger eVTOL aircraft. ... News Archive. Newsletter Archive ...
Toyota Boosts Investment In Joby By $500M To Support Electric …
WEB2 days ago · Parts made by Toyota Motors are flowing to Joby’s eVTOL pilot production line in Marina, California. Japanese automaker Toyota has agreed to invest an additional $500 million in Joby Aviation ...