Toyota, Joby
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 invests another $500 million in an electric air taxi company as it soars toward the future of air mobility
Toyota has injected a second round of funding into Joby Aviation, one of the leading figures in electric vertical take-off and landing craft for public transport.
Toyota invests a fresh $500M in Joby Aviation to support eVTOL air taxi certification, production
VTOL air taxi developer Joby Aviation has secured a fresh round of funding from previous investor Toyota Motor Corporation,
Toyota invests $500 million in Joby Aviation
Toyota Motor Corp. is investing an additional $500 million to support the certification and commercial production of Joby Aviation Inc.’s electric air taxi.
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 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.
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 Just Invested $500 Million in Electric Air-Taxi Maker Joby
The investment comes at a time when Joby is ramping up production for its five-seat electric air taxis. Toyota is now Joby's lead investor.
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 invests $500 million in eVTOL developer Joby Aviation
Joby Aviation, one of the US eVTOL startups that is most advanced in its eVTOL development program, announced on October 2, 2024, that Japanese car maker Toyota is investing an additional $500 million into the venture. Toyota has been an investor in Joby from an early stage, through its Toyota Ventures venture capital arm.
Toyota is getting serious about air taxis
Electric air taxi startup Joby Aviation has landed a $500 million investment from Toyota in a deal that will also involve further collaboration on manufacturing. Why it matters: The deal is further validation of Joby's vision for commercializing electric vertical takeoff and landing (eVTOL) aircraft.
Waymo picks its next robotaxi, Joby lands more Toyota bucks, and Cybertruck notches its fifth recall
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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 ...