Toyota and Joby Complete First Air Taxi Flight in Japan

Posted by Admin

SUSONO, Japan & SANTA CRUZ, Calif.--(BUSINESS WIRE)-- Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced the completion of Joby’s first international exhibition flight which took place at Toyota’s Higashi-Fuji Technical Center in Shizuoka, Japan earlier this week.

[Read More...]

Tags: Joby Toyota
Categories: Press Releases

Oct
02
2024

Toyota To Invest $500 Million in Joby Aviation

Posted by Admin

TOYOTA CITY, Japan, and SANTA CRUZ, Calif., Oct. 2, 2024 /PRNewswire/ -- Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby's electric air taxi, with the aim of realizing the two companies' shared vision of air mobility.

[Read More...]

Tags: Joby Toyota
Categories: Press Releases