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 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 Fuels Joby's eVTOL Dreams With Additional $500M Investment
Japan’s auto giant Toyota TM is investing another $500 million in California-based electric vertical takeoff and landing (eVTOL) company Joby Aviation JOBY. This capital injection is aimed at accelerating Joby’s certification process and commercial production,
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 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 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.
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
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’s Betting Big on Electric Air Taxis
While we’re still waiting for those flying cars, Toyota is betting high and hard on electric air taxis. The automaker just earmarked another $500 million for Joby Aviation, which increases Toyota’s total support (so far) to nearly 900 million dollars.
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,
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