02 Jun 2026, 02:29:40 PM

Toyota to Invest $500 Million in Electric Air Taxis

Toyota Motor Corporation has announced an additional $500 million investment in Joby Aviation, Inc., a company developing electric air taxis for commercial passenger service. This strategic investment supports the certification and commercial production of Joby’s electric air taxi, advancing the two companies’ shared vision of air mobility. The investment will occur in two phases, with […]