Toyota To Invest $500 Million in Joby Aviation
TMToyota(TM) Prnewswire·2024-10-02 20:45

Investment to be made in two equal tranches, with the first targeted to close later this year and the second in 2025 Funds will support certification and commercial production of Joby's electric air taxi Investment terms to include plans to establish a manufacturing alliance for the first phase of commercialization Will bring total investment from Toyota Motor Corporation in Joby to $894 million TOYOTA CITY, Japan, and SANTA CRUZ, Calif., Oct. 2, 2024 /PRNewswire/ -- Toyota Motor Corporation (Toyota; NYSE: ...