Joby, Toyota
Toyota puts another $500 million into an air taxi startup Joby
Toyota is increasing its support for Joby Aviation to get the ball rolling on eVTOL aircraft manufacturing plans.
Toyota invests $500 million in flying taxi start-up Joby
Californian startup Joby Aviation has received a $500 million investment from the Japanese automotive group Toyota. The money will help with the certification and commercial production of Joby's electric flying taxi.
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 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,
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 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.
Toyota to invest $500mn in flying taxi start-up Joby
Toyota has said it will invest $500mn and raise its stake in Joby Aviation as the carmaker boosts its backing for the air taxi start-up that aims to launch commercial services as soon as next year. The investment from the Japanese company,
Forbes Daily: Toyota’s Latest $500 Million Bet On Flying Taxis
Friday's edition of Forbes Daily covers a Forbes Billionaires List milestone, dockworkers strike ends, community college rebound, top-earning summer concerts and more.
Joby Stock Is Flying as Toyota Pours in More Cash
The investment will be made in two equal portions and brings Toyota’s total investment in Joby to $894 million.
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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 ...
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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 ...
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Joby: Raise Provides A Clear Path To Commercialization
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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Toyota invests $500 million in Joby Aviation
Toyota Motor Corp. (Aichi, Japan) and Joby Aviation Inc. (Santa Cruz, Calif., U.S.) announce that Toyota is investing an additional $500 million to support the certification and commercial ...