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

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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 ...

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.

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 ...

Fresh on the heels of a $500 million investment announcement from Toyota, Joby Aviation on Thursday unveiled a prototype of its electric air taxi in the middle of Grand Central Station ...

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 ...