The California-based eVTOL startup is moving forward with manufacturing plans to produce electric air taxis, with help from ...

Japanese auto giant Toyota Motor is investing $500 million in Joby Aviation to support the U.S. electric air taxi company’s ...

The benchmark S&P 500 is on track to produce a whopping 20% gain for 2024, but companies developing electric vertical ...

The Japanese automaker announced an investment of $500 million on Wednesday, on top of the $394 million in prior investments ...

Electric air taxi production is receiving a big boost from Toyota. The motor company has awarded Joby Aviation an additional ...

The aviation company has designed and produced an electric air taxi that will carry a pilot and four passengers at speeds up to 200 mph offering high-speed mobility with a fraction of the noise ...

Joby has now flown more than 30,000 miles with its prototypes which are designed to meet the uncompromising safety standards ...

Today’s investment builds on nearly seven years of collaboration between our companies,” said JoeBen Bevirt, founder and CEO, Joby Aviation, in a press release. “The knowledge and support shared ...

Joby Aviation raised $500 million from Toyota, the largest single round of funding for a flying taxi startup in years.

Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE: JOBY), a company developing electric air ...

Under the $500 million investment, Joby will use the funding to certify its aircraft and shift to commercial production. This ...

The investment comes at a time when Joby is ramping up production for its five-seat electric air taxis. Toyota is now Joby's ...