Toyota commits additional $500 million investment in Joby
Toyota committed an additional $500 million investment in Joby to support certification and commercial production.
Evidence notes
- Toyota committed an additional $500 million, bringing its total planned investment in Joby to $894 million.
- The agreement also advanced a manufacturing alliance that applies Toyota production expertise to Joby's aircraft scale-up.
Company context
Electric aircraft and air-taxi company with piloted commercial and autonomous defence programmes.