Joby Aviation’s Electric Air Taxi Prepares For Takeoff
The California-based eVTOL startup is moving forward with manufacturing plans to produce electric air taxis, with help from Toyota, Uber and Delta Airlines.
Is Joby Aviation Stock Ready for Takeoff?
The benchmark S&P 500 is on track to produce a whopping 20% gain for 2024, but companies developing electric vertical take-off and landing (eVTOL) aircraft have floundered. The stocks of the biggest and most visible players in this emerging field of aviation technology have averaged a return of negative 22.2% this year.
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
Toyota bets big on air taxis with $500M investment in Joby
Auto giant Toyota is investing another $500 million into Joby, which pioneered the first test flight of an air taxi over the skies of New York City.The Latest Tech News, Delivered to Your Inbox
Joby Aviation to receive $500 million for air taxi production
Electric air taxi production is receiving a big boost from Toyota. The motor company has awarded Joby Aviation an additional $500 million dollars to help fund their four-seat aircrafts (a.k.a electric air taxis).
Toyota invests a fresh $500M in Joby Aviation to support eVTOL air taxi certification, production
VTOL air taxi developer Joby Aviation has secured a fresh round of funding from previous investor Toyota Motor Corporation,
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