Toyota invests $500M in Joby to support eVTOL air taxi production
eVTOL air taxi developer Joby Aviation has received new funding from previous investor Toyota Motor Corporation, amounting to $500 million. With its investment, Toyota's total funding commitment to eVTOL technology is close to $1 billion. The money will help Joby secure an aircraft certificate and begin commercial production of its sustainable aerial technology. In terms …
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