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Joby Aviation Receives $500 Million from Toyota for 2025 Commercial Air Taxi Launch

Joby Aviation Receives $500 Million from Toyota for 2025 Commercial Air Taxi Launch

Toyota is making a significant additional investment of $500 million into Joby Aviation, a startup focused on developing air taxis. This new funding will support Joby’s efforts in gaining certification and ramping up commercial production of its electric vertical takeoff and landing (eVTOL) aircraft. Toyota’s total investment in the California-based company now reaches $894 million,…

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