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 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.
Electric Air Taxi Firm Joby Announces $500M Investment From Toyota
As part of the investment, Toyota plans to support Joby with commercial manufacturing and certification support.
Toyota to invest $500 million in electric air taxi company Joby Aviation
Toyota Motor said Wednesday it will invest another $500 million in Joby Aviation to support certification and commercial production of Joby’s electric air taxi. The Japanese automaker's new funding is on top of $394 million in prior investments it made in Joby and is part of a strategic alliance on commercial manufacturing.
Toyota puts another $500 million in an air taxi startup
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 for use in a ride-hailing service. The automaker has now invested a total of $894 million since 2018.
Toyota increases its investment in air taxi company Joby Aviation by $500m
The investment will be used to support certification and production of Joby's electric air taxi. After the investment, Toyota will own about 22% of Joby's outstanding shares
Joby Aviation Soars on Toyota’s Strategic Investment and Partnership
Joby Aviation (JOBY – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Kristine
Joby Shares Soar as Toyota Invest Another $500M in Its Electric Air Taxi Plans
Toyota Motor on Wednesday said it will invest an additional $500 million to support the certification and commercial production of Joby Aviation's electric air taxi as it seeks to boost air mobility.
Toyota Boosts Investment in Air Taxi Maker Joby Aviation
Toyota Motor Corp. is boosting its investment in air taxi manufacturer Joby Aviation Inc. by $500 million to support plans for commercial production, bringing its total investment in the company to $894 million.
Toyota To Make Addl. $500 Mln Investment In Joby Aviation For Electric Air Taxi, JOBY Gains
Toyota Motor Corp. (TM, TYT.L) revealed on Wednesday that it will invest an additional $500 million to support the certification and
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Air taxis in Dubai: Parkin and Skyports team up to boost eVTOL infrastructure
Dubai air taxi services are a step closer after Parkin has signed an exclusive deal with Skyports Infrastructure to develop ...
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Air taxis in Dubai to be launched in 2026
Khaled Al Awadhi, the Director of the Transportation Systems Department at the Roads and Transport Authority, said that air taxis in ...
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Toyota boosts investment in Santa Cruz air taxi company Joby Aviation by $500M
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air ...
Toyota puts another $500 million into an air taxi startup Joby
Toyota is increasing its support for Joby Aviation to get the ball rolling on eVTOL aircraft manufacturing plans.
Toyota to Invest $500 Million in Electric Air Taxi Maker Joby
The agreement also includes a strategic manufacturing alliance between the two companies, which have partnered together since 2017.