Toyota’s Betting Big on Electric Air Taxis
The automaker has partnered with Joby Aviation since 2019. The latest investment brings Toyota's total stake in Joby to $894 million.
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 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 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,
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.
Joby Aviation’s electric air taxi takes flight in NYC, powered by $500M from Toyota
Soon you might be able to take a flying taxi to the airport. It’s not science fiction anymore: New York City could, in the near future, see air taxis buzzing around the skies.
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
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Toyota Pours Half a Billion Dollars Into eVTOL the USAF Is After
Japanese carmaker Toyota more than doubled its investment in Joby Aviation after it announced it will back the ...
Lilium eVTOL jet makes U.S. debut in Texas with goal of flying over the state in 2026
Lilium, a German aerospace company, has debuted its electric vertical takeoff and landing jet in Texas as it aims to have the aircraft flying as soon as 2026 — and serving cities in the Texas Triangle ...
Intelligencer on MSN4d
The Flying Car Is Finally Here. It’s Slightly Illegal.
If you have $190,000 on hand, you, too, could buy one — or, if your budget is more modest, you can book a rental ride in a ...
Flying2d
Army Enlists Personal eVTOL Manufacturer for Casualty Evacuation
Lift Aircraft, manufacturer of the ultralight Hexa, will build an autonomous system to transport injured personnel and blood.
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 ...
Pivotal Completes BlackFly eVTOL Deliveries
Private owners, their friends and family, and the U.S. Air Force Flying Prototype Aircraft BlackFly owner, Patrick M. in the ...
AeroTime5d
eVTOL developer Lilium powers on first in-production ‘Ironbird’ Lilium Jet
In a significant milestone the eVTOL developer Lilium has successfully powered on its first in-production Lilium Jet as it ...
EconoTimes4d
Tesla Analyst Speculates Potential Entry into $9 Trillion Drone and eVTOL Market by 2050
Morgan Stanley analyst Adam Jonas believes Tesla could enter the $9 trillion drone and electric Vertical Take-Off and Landing ...
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AeroVironment to display eVTOL P550 at AUSA 2024
AeroVironment will display its autonomous vertical take-off and landing (eVTOL) uncrewed aircraft system (UAS) P550 for the ...