Joby Aviation Raises $500 Million from Toyota
Joby Aviation Raises $500 Million from Toyota for Flying Taxis: Startup Funding Roundup
Joby Aviation raised $500 million from Toyota, the largest single round of funding for a flying taxi startup in years.
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.
Toyota boosts its investment in air taxi company Joby Aviation by another $500 million
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi company’s commercial business off the ground
Joby Aviation’s electric air taxi takes flight in NYC, powered by $500M from Toyota
Soon you might be able to take a flying taxi to the airport. It’s not science fiction anymore: New York City could, in the near future, see air taxis buzzing around the skies.
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, Ups Investment In Joby Aviation To Nearly $900M
The Japanese automaker announced an investment of $500 million on Wednesday, on top of the $394 million in prior investments
Toyota invests $500 million in Joby Aviation
Toyota Motor Corp. is investing an additional $500 million to support the certification and commercial production of Joby Aviation Inc.’s electric air taxi.
Toyota makes another $500M investment in Joby Aviation
Shares of Joby Aviation (NYSE:JOBY) were launched more than 20% higher in Wednesday’s premarket trading thanks to another $500M investment by Japanese carmaker Toyota Motor Corp (NYSE:TM). The investment will enable Joby (JOBY) to expand its commercialization of an electric air taxi and bring Toyota’s (TM) total investment in Joby (JOBY) to $894M.
Toyota To Invest $500 Million In U.S. Electric Flying Car Maker Joby Aviation
Japanese auto giant Toyota Motor is investing $500 million in Joby Aviation to support the U.S. electric air taxi company’s launch of commercial passenger services, which are slated to begin as soon as next year.
Toyota to Invest $500M More in Joby Air Taxis as the Companies Work ‘Side by Side’ in California
Toyota, whose U.S. HQ is in Plano, took its eyes off the road long enough to scan the skies and invest $500 million more in California-based Joby, for a total of $894 million it's invested to date. The investment is aimed at "realizing the two companies’ shared vision of air mobility,
Toyota investing additional $500 million in Joby Aviation
On Wednesday, Toyota Motor Corporation and Joby Aviation, Inc. announced that Toyota will invest an additional $500 million in Joby. This money will be used to "support the certification and commercial production of Joby’s electric air taxi, with the aim of realizing the two companies’ shared vision of air mobility," said a media release.
Is Joby Aviation Stock Ready for Takeoff?
While Joby's stock has badly underperformed the S&P 500 in 2024 (see graph below), the long-term potential remains ...
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Toyota Pours Half a Billion Dollars Into eVTOL the USAF Is After
Japanese carmaker Toyota more than doubled its investment in Joby Aviation after it announced it will back the ...