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Toyota will invest another $500 million in eVTOL maker Joby to support the certification and production of its S4 electric air taxi. The Japanese automaker was an early investor in the company ...
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 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.
Under the $500 million investment, Joby will use the funding to certify its aircraft and shift to commercial production. This ...
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 all-electric aircraft could revolutionize city transportation and offer an escape from L.A. traffic, according to Joby Aviation, the company behind the contraption. Joby is one player in a bur ...
Joby delivered the first S4 to California’s Edwards Air Force Base in 2023 as part of its $131 million contract with the US Air Force. Joby Aviation In 2022, Delta Air Lines invested $60 million ...