Toyota pours another $500M into electric air taxi startup Joby Aviation

Toyota is doubling down on Joby Aviation with a $500 million investment into the California-based company that’s developing electric air taxis. Toyota’s total investment in Joby, which includes a $394 million capital injection back in 2020, is now $894 million. The funds will be used to help Joby complete the lengthy Type 2 certification process […] © 2024 TechCrunch. All rights reserved. For personal use only.

Oct 2, 2024 - 21:00
Toyota pours another $500M into electric air taxi startup Joby Aviation

Toyota is doubling down on Joby Aviation with a $500 million investment into the California-based company that’s developing electric air taxis. Toyota’s total investment in Joby, which includes a $394 million capital injection back in 2020, is now $894 million. The funds will be used to help Joby complete the lengthy Type 2 certification process […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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