US EditionJoby Aviation Stock Rises After $250M Toyota Investment
- On May 27, 2025, Toyota completed the second $250 million installment of its previously announced $500 million commitment to Joby Aviation.
- The investment builds on a relationship since 2017 and previous Toyota funding totaling $644 million, bringing the automaker’s total commitment to $894 million.
- Toyota acts as Joby’s preferred manufacturing partner, helping design a Dayton, Ohio production facility targeting up to 500 air taxis annually after FAA certification.
- Joby CEO JoeBen Bevirt highlighted that collaborating with Toyota has helped improve their manufacturing efficiency, underscoring the significance of their partnership.
- This funding will aid FAA certification and the start of commercial production as Joby aims to begin operations by 2025 in key U.S. Metropolitan areas in collaboration with Delta Air Lines.
13 Articles
13 Articles
Virgin Atlantic unveils air taxi service using futuristic flying vehicles: 'We are committed to delivering faster options'
Hailing a cab just took on a new meaning. That's because Charged EV Fleet & Infrastructure News reported on a new collaboration between airline giant Virgin Atlantic and Joby Aviation to create an air taxi service in the United Kingdom. Air taxis provide off-highway transport that can avoid traffic, delays, and short commercial flights. The electric vertical takeoff and landing craft from Joby Aviation S4 fits one pilot, four passengers, and lug…
Toyota Makes a Huge Insider Purchase
Toyota Motor Corp. (NYSE: TM) made a colossal purchase of shares in an air mobility company this week, making it a beneficial owner. However, it was not the only huge insider buying recently. A couple of industrial products makers, a biotech, and an investment firm saw insiders loading up on shares. 24/7 Wall St. Key Points: Toyota Motor Corp. (NYSE: TM) made a colossal purchase of shares in an air mobility company this week, making it a benef…
Joby Aviation and Toyota strengthen business partnership
SANTA CRUZ, Calif. (KION-TV) -- Local air taxi company Joby Aviation is celebrating a new investment of $250 million from Toyota. This new funding brings the two companies closer to a strategic manufacturing alliance. Joby says the investment is supporting the certification and production of the company's flagship electric air taxi. This, in addition to -- what the company says -- strengthens the long term collaboration between the both companie…
Monterey Herald
Santa Cruz SentinelJoby Aviation announces closing of $250M investment from Toyota
MARINA – Joby Aviation has announced the closing of the first portion of $250 million from a previously announced strategic investment from Toyota Motor Corporation, marking a milestone in strengthening the long-term collaboration between the two companies according to Joby. “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design,” said JoeBen Bevirt, founder and CEO of Joby in a pre…
Massive News: Joby Aviation Gets $250 Million Boost From Toyota @themotleyfool #stocks $JOBY $TM
Joby Aviation (NYSE: JOBY) has raised another $250 million from Toyota (NYSE: TM), which gives the company further runway and an important strategic partner to grow with. Investors responded positively, and that's great for the future of the company, as Travis Hoium highlights in this video. *Stock prices used were end-of-day prices of May 28, 2025. The video was published on May 29, 2025.Where to invest $1,000 right now? Our analyst team just r…
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