Toyota takes to the sky in air taxi JV with Joby Aviation

Joby Aviation Is Down 25% Since June 1. Should You Buy the Dip?

Key PointsJoby Aviation is the frontrunner in the nascent eVTOL industry. The company became the first to fly an eVTOL point-to-point in 2026, and it has solidified its partnership with Toyota. A trillion-dollar opportunity could be awaiting Joby if the FAA certifies its aircraft. 10 stocks we like better than Joby Aviation › Joby Aviation (NYSE: JOBY) is an aviation start-up that's designing a flying taxi, otherwise known as an electric vertica…

Toyota enters flying taxi production with Joby Aviation partnership

Toyota is entering the production of flying taxis, taking another step toward the future of mobility. The Japanese automaker and U.S.-based Joby Aviation have announced the creation of a joint company that will develop and produce electric vertical take-off and landing aircraft (eVTOL), primarily intended for use as air taxis. The new company will be called Joby Toyota Aero Manufacturing Preparation Company and will be headquartered in Californi…

Joby Aviation slips after Toyota JV filing points to modest launch, possible $250 million add-on

NEW YORK, July 2, 2026, 14:03 EDT Joby slipped 4.5% to $8.445, trading close to the day's low. Toyota-Joby’s manufacturing JV launches with $2 million in equity, with Toyota owning 51%. The filing doesn’t specify future JV funding, and Toyota’s next $250 million for Joby still depends on future deals. Joby Aviation, Inc. (NYSE:JOBY) slipped…

Joby and Toyota launch air taxi manufacturing venture

California-based air taxi developer Joby Aviation and Toyota Motor Corporation have established a joint venture that will prepare manufacturing of Joby’s electric aircraft as the companies move towards commercial production. The new California-based company – the Joby Toyota Aero Manufacturing Preparation Company – is 51% owned by Toyota and 49% by Joby.  According to the pair, its initial role will be to establish manufacturing processes, impro…

Toyota takes to the sky in air taxi JV with Joby Aviation

On the Dash: Toyota and Joby formed a joint venture June 30 to build production infrastructure. Toyota contributes manufacturing expertise after nearly a decade backing Joby. The venture will expand capacity to support certification and growing demand. Toyota Motor Corporation and Joby Aviation announced the initial phase of a strategic manufacturing alliance this week. The companies formed a joint venture aimed at advancing air mobility produc…