Toyota News: Toyota Invests $500 Million in Joby Aviation for Air Taxi

Wikikiki.com 20241003 174848 00001

According to the latest Toyota news, Toyota’s $500 million investment shows its confidence in Joby Aviation’s vision of revolutionizing air travel. This new investment is broken into two equal tranches of $250 million each. The first tranche is expected to be closed by the end of 2024 and the second is scheduled for 2025.