Toyota Invests $500M in Joby Aviation’s Electric Air Taxi
Toyota Motor Corporation is doubling down on its investment in electric air taxis, announcing a $500 million investment in Joby Aviation. This move aims to support the certification and commercial production of Joby’s electric vertical takeoff and landing (eVTOL) aircraft. The news was reported by Joby Aviation on October 2, 2024. Investment Details The $500…