Toyota invests another $500 million in an electric air taxi company as it soars toward the future of air mobility
Cash injection will speed up certification and commercial production of Joby’s eVTOL craft
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's investment will be used to support certification and production of Joby's electric air taxi, the companies said Wednesday, and brings Toyota…
Toyota to invest $500m in electric air taxi company Joby Aviation
Toyota Motor said on Wednesday it will invest another $500m (R8.7bn) in Joby Aviation to support certification and commercial production of Joby’s electric air taxi.
Toyota increases its investment in air taxi company Joby Aviation by $500m
The investment will be used to support certification and production of Joby's electric air taxi. After the investment, Toyota will own about 22% of Joby's outstanding shares
Toyota to invest $500 million in electric air taxi company Joby Aviation
:Toyota Motor said Wednesday it will invest another $500 million in Joby Aviation to support certification and commercial production of Joby’s electric air taxi.The Japanese automaker's new funding is on top of $394 million in prior investments it made in Joby and is part of a strategic alliance on commerc
last updated on 4 Oct 06:13