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Toyota Scores Manufacturing, Operational Privileges for Joby’s Air Taxi New agreement positions the automaker to build and operate eVTOL aircraft and perform their maintenance, repair, and overhaul.
The collaboration between the two companies has been ongoing for seven years, with Toyota investing $500m in Joby Aviation to support the final development stages of its eVTOL aircraft.
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Toyota investing additional $500 million in Joby Aviation - MSNOn 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 ...
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.
MARINA – Joby Aviation has announced the closing of the first portion of $250 million from a previously announced strategic investment from Toyota Motor Corporation, marking a milestone in ...
Santa Cruz, California-based Joby completed first round of that fundraising with Toyota on 22 May, issuing and selling to Toyota 49.7 million shares at $5.03 each, for $250 million in proceeds ...
Shares of Joby Aviation popped more than 25% on Wednesday after the commercial air taxi developer said it closed a $250 million investment from Toyota Motor.
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.
Toyota has invested $250 million in Joby Aviation, completing the first half of a previously announced $500 million commitment and becoming the air taxi maker’s largest shareholder.
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 ...
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. Toyota’s investment will be ...
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