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Toyota to invest additional $500M in Marina aircraft maker Joby Aviation

Summary by Monterey Herald
MARINA – In pursuit of attaining a shared vision of air mobility, Toyota will invest $500 million more in Joby Aviation to support the certification and commercial production of Joby’s electric air taxi, including in Marina where Joby is expanding its pilot production facility. “Today’s investment builds on nearly seven years of collaboration between our companies,” said JoeBen Bevirt, founder and CEO, Joby Aviation, in a press release. “The kno…
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