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eVTOL air taxi developer Joby Aviation has secured a fresh round of funding from previous investor Toyota Motor Corporation, totaling $500 million. With its investment, Toyota’s total funding ...

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Toyota Motor (NYSE: TM) is upping its investment in Joby Aviation (NYSE: JOBY), providing additional capital to support the air taxi start-up's push for certification and commercial production.

Joby Aviation Inc.’s stock was up nearly 11% on Wednesday after the electric-air-taxi company said Toyota Motor Corp. agreed to invest $500 million behind the commercial launch of its business.

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The motor company has awarded Joby Aviation an additional $500 million dollars to help fund their four-seat aircrafts (a.k.a electric air taxis). With the investment, Toyota has provided a total ...

Shares of Joby Aviation (NYSE:JOBY) were launched more than 20% higher in Wednesday’s premarket trading thanks to another $500M investment by Japanese carmaker Toyota Motor Corp (NYSE ...

Joby continues to progress towards commercialization, but the share price already embeds an expectation of success in certification and manufacturing scale up. Despite solid progress, there remain ...

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