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Joby, Toyota
Toyota bets big on air taxis with $500M investment in Joby
Auto giant Toyota is investing another $500 million into Joby, which pioneered the first test flight of an air taxi over the skies of New York City.The Latest Tech News, Delivered to Your Inbox
Toyota makes another $500M investment in Joby Aviation
Shares of Joby Aviation (NYSE:JOBY) were launched more than 20% higher in Wednesday’s premarket trading thanks to another $500M investment by Japanese carmaker Toyota Motor Corp (NYSE:TM). The investment will enable Joby (JOBY) to expand its commercialization of an electric air taxi and bring Toyota’s (TM) total investment in Joby (JOBY) to $894M.
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
10h
on MSN
Waymo picks its next robotaxi, Joby lands more Toyota bucks, and Cybertruck notches its fifth recall
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here ...
13h
Toyota Bets Big On Air Taxis, Ups Investment In Joby Aviation To Nearly $900M
The Japanese automaker announced an investment of $500 million on Wednesday, on top of the $394 million in prior investments ...
Dallas Innovates
5h
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 ...
16h
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 ...
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