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,
Toyota invests $500m in Joby Aviation’s eVTOL development
The investment strengthens a years-long relationship between the two manufacturers as Joby continues working towards type-certification of its eVTOL aircraft.
Joby Aviation Raises $500 Million from Toyota for Flying Taxis: Startup Funding Roundup
Joby Aviation raised $500 million from Toyota, the largest single round of funding for a flying taxi startup in years.
Toyota Is Upping Its Investment in Air Taxi Company Joby Aviation
Robotaxis aren’t the only place where the basic concept of “pay someone with a vehicle to take me a short distance” is undergoing some high-tech permutations. There’s also the matter of air taxis: small vehicles that can take you somewhere local — and where,
San Antonio Express News on MSN22m
Lilium eVTOL jet makes U.S. debut in Texas with goal of flying over the state in 2026
Lilium hopes its electric vertical takeoff and landing jet, called the Lilium Jet, will fly in the Texas sky in 2026.
autoevolution8h
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 ...
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 ...
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 ...
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 ...
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 ...
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.
Ainonline.com14h
Skyports Partners with Parking Group To Develop Dubai Vertiports
Agreement paves the way for park-and-ride eVTOL air taxi services Skyports plans to co-locate the vertiports it is ...