Aviation Herald 2025 Toyota

Aviation Herald 2025 Toyota. Automotive manufacturer toyota motor corporation is investing $500m into electric vertical takeoff and landing (evtol) company joby aviation to support the final stages of. Car maker toyota is supporting joby aviation's evtol aircraft program with a total of $894 million as well as with technical expertise and production capability.

Nyse:joby), a company developing electric air taxis for commercial passenger service,. The investment, which will bring toyota motor corporation’s total investment in joby to $894 million, will be made in the form of cash for common stock, with the first tranche.